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Wagyu and Kobe Beef to Face 12% VAT Starting January 1, 2025 | Expat Life in Indonesia

Summary by expatlifeindonesia.com
Indonesia is set to impose a 12% Value Added Tax (VAT) on luxury goods and services beginning January 1, 2025, marking a significant shift in tax policy. Among the items affected are premium foods, including high-end meats like wagyu and Kobe beef. Finance Minister Sri Mulyani announced the details during a press conference on the […] The post Wagyu and Kobe Beef to Face 12% VAT Starting January 1, 2025 appeared first on Expat Life in Indonesia.
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