Online shops have boomed in Indonesia with vendors offering goods from refrigerators to condoms to the latest iPhone, often without declaring incomes.
Indonesia plans to require online merchants to own tax identification numbers starting this year, part of efforts to boost revenue and improve compliance in the fast-growing e-commerce industry.
PT Tokopedia and PT Bukalapak.com will be among e-commerce companies which will ask sellers for identification numbers, known as NPWP, as a condition to operate on their platforms, according to Robert Pakpahan, the Finance Ministry’s director general of taxes. These platforms will submit a monthly report of transactions to the government, he said.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
