Indonesia planning 10% tax on foreign digital services


A woman wearing a face mask uses her phone in Banda Aceh amid concerns of the Covid-19 coronavirus pandemic. Products and services including video games, music and movie streaming could be subject to the levy, the government said. — AFP

JAKARTA: Indonesia will slap a 10% value-added tax on the digital offerings of foreign companies from July 1, the finance ministry said, a levy that could apply to internet giants such as Spotify and Netflix.

Products and services including video games, music and movie streaming could be subject to the levy, the government said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

SAP shares hit 17-month low as AI-driven selloff burns $130 billion
Intel results to spotlight turnaround efforts as AI data centers boost chip demand
Brazil central bank liquidates Banco Master's Will as Mastercard suspends cards
Netflix co-CEOs go on defensive over $83 billion Warner Bros deal
Exclusive-Meta's new AI team delivered first key models internally this month, CTO says
Taiwan's GlobalWafers preparing for phase two expansion at Texas plant
European telcos to get unlimited radio spectrum under EU draft law
OpenAI seeks to increase global AI use in everyday life
Elon Musk and Ryanair keep escalating an online war of words
Netflix shares drop 7% in Europe after Q4 results

Others Also Read