Spotlight on Indonesia’s Tax Reform
1-minute read
Insight from our Asia-Pacific team
The House of Representatives has passed into law the Tax Codes Harmonization Bill on 7 October 2021. The HPP Bill is part of a series of tax reforms carried out by Indonesia in line with its efforts to accelerate economic recovery and support national development in the long term. Amendments include changes to direct and indirect tax rates and an expansion of the VAT base.