JAKARTA -- Indonesia has added new names to its list of technology companies that will be subject to a value added tax -- including China's TikTok and U.S. giant Facebook -- as the country continues to seek ways to boost tax revenue to shore up state finances depleted by spending to fight the coronavirus pandemic.
The national tax office announced on Friday that from Sept. 1, three Facebook companies, four Amazon companies, Apple Distribution International, TikTok and Walt Disney's Southeast Asia business will need to collect a 10% VAT on all digital products and services sold in the region's largest economy.
