Other Tempo Media
Subscribe

The Year-End Drama: VAT Hike U-Turn

Monday, January 13, 2025

The planned increase in VAT was canceled at the last minute. Mass pressure and political lobbying changed the president’s decision.

arsip tempo : 174280273757.

Ilustration : Alvin Siregar. tempo : 174280273757.

SURYADI Sasmita’s cell phone hardly stopped ringing on Tuesday afternoon, December 31, 2024. The Deputy of the Fiscal and Public Policy at the Indonesian Chamber of Commerce and Industry (Kadin) kept receiving phone calls and text messages from business owners.

Kadin members were asking for clarification regarding the statement by President Prabowo Subianto and Finance Minister Sri Mulyani Indrawati about the cancellation of the planned in

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine
Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card
Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

Ghoida Rahmah

Caesar Akbar and Eka Yudha contributed to the writing of this article. 
Sri Mulyani Prabowo Subianto VAT VAT increase 12 percent VAT
Prev Next

More Articles

More exclusive contents

  • March 24, 2025

  • March 17, 2025

  • March 10, 2025

  • March 3, 2025

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe