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Exploring Thailand’s New Focus: Attracting Indian Tourists Amid Decline in Chinese Visitors

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The Shifting Sands of Southeast Asian Tourism: Thailand’s Pivot from China to India As tourism destinations like Pattaya, Thailand’s famed holiday hotspot, witness a decline in Chinese visitors, the country is strategically shifting focus to tap into the burgeoning Indian tourist market. With China rolling out attractive policies that lure international tourists back, neighboring countries … Read more

"Prabowo Plans to Subsidize PPN, BBG, and BPHTB on Residential Property"

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Headline: Indonesia‘s New Housing Policies: Zero Taxes and Quicker Permits Subheadline: Government aims to boost homeownership with tax exemptions and faster approvals. Byline: Jakarta, CNBC Indonesia – January 8, 2025 Article: The Indonesian government has unveiled a new set of policies to support homeownership, including tax exemptions and expedited permit procedures. Minister of Housing and … Read more

Dining Out Tax-Free: Here’s How to Enjoy 12% PPN Relief at Restaurants

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Title: Dining Out in Jakarta: What You Need to Know About Restaurant Taxes In the vibrant city of Jakarta, dining out has become a staple for locals and visitors alike. But as you indulge in the culinary delights the city has to offer, understanding the tax landscape can help you make informed decisions. Here’s a … Read more

OJK Clarifies: Are Stock Transactions Subject to 12% VAT?

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Title: OJK Clarifies Upcoming 12% VAT on Luxury Goods & Services; Impact on Capital Markets In a recent development, the Otoritas Jasa Keuangan (OJK) has provided clarity on the impending 12% value-added tax (PPN) set to be implemented on luxury goods and services starting January 2025. This new policy has. // // KEY POINTS // … Read more

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**Revolutionizing Home Ownership: Governments Abolish BPHTB, PBG, and PPN Taxes

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Headline: Indonesia to Scrap Taxes on Home Purchases: BPHTB, PBG, and PPN Axed to Boost Home Ownership Article: The Indonesian government has announced plans to eliminate several taxes and fees imposed on citizens purchasing homes, aiming to boost homeownership and support the housing sector. Breaking Down the Changes: Bea Perolehan Hak Atas Tanah dan Bangunan … Read more

The Fate of Prabowo’s PPN Batal Naik Program After Rp75T HANGUS Imbas

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Headline: Indonesia Shelves PPN Hike, Losing Out on Rp75 Trillion in Revenue Subhead: Government scraps planned 12% VAT increase, impacting APBN 2025 and presidential programs Article: In a policy U-turn, the Indonesian government has abandoned plans to raise the value-added tax (VAT) or pajak pertambahan nilai (PPN) from 11% to 12% as of January 1, … Read more

Honda Brio Gets Boost with 12% PPN Reduction, Manufacturer Explains

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Honda Brio Satya Braces for 12% PPN Hike: Price Increase Inevitable, Extra Perks Promised PT Honda Prospect Motor (HPM) has confirmed that the recently implemented 12% Value Added Tax (PPN) will indeed impact the pricing of the Honda Brio Satya. The company is currently reviewing the new tax rules to determine the final price of … Read more

Tax Chief’s Resistance to Prabowo’s Audit: Should He Resign?

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Headline: Clarity on Indonesia‘s PPN 12%: Lawmaker Challenges Director General of Taxation‘s Interpretation In a surprising turn of events, the planned implementation of Indonesia’s 12% Value Added Tax (PPN) by the end of 2024 has sparked confusion and concern, with a top lawmaker accusing the Director General of Taxation of misinterpreting presidential directives. President Prabowo … Read more

Viral Shopping Receives 12% PPN: Tax Chief Finally Speaks Up

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Headline: President Prabowo Clarifies PPN Hike: Only Luxury Goods Affected, Retailers to Refund Overcharges Article: Retail shoppers should not be Concerned about the 12% Value Added Tax (PPN) increase as of January 1, 2025 – at least not for now. President Prabowo Subianto has made it clear that this new tax rate only applies to … Read more

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