JAKARTA -- Indonesia will impose a value-added tax on global technology companies doing business in the Southeast Asian country as the government looks for extra tax revenue to boost state finances depleted in battling the economic effects of the COVID-19 pandemic.
Technology
Indonesia tells Google, Amazon and Netflix to collect 10% VAT
Government seeks more revenue to boost finances hit by pandemic response
Indonesia's tax office says that from Aug. 1, Amazon Web Services, Google, Netflix and Spotify must collect a 10% VAT on digital products and services sold in the country. © Reuters
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