Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Indonesia to begin e-commerce tax collection from Oct 1, media reports

JAKARTA: Indonesia will begin making e-commerce platforms collect income taxes from sellers starting Oct 1, a month earlier than previously announced, local media reported on Thursday, citing the tax chief.

Indonesia to begin e-commerce tax collection from Oct 1, media reports

Indonesia will commence the task of collecting income taxes from e-commerce sellers starting October 1, according to local media reports. This earlier implementation, one month ahead of the initially announced date, comes as a result of a change in plans at the finance ministry. The decision was made by the current finance minister, Suahasil Nazara, who succeeded Purbaya Yudhi Sadewa, who was recently dismissed.

The finance ministry and the tax office have not yet commented on the matter. The change in strategy follows a recent reshuffle at the finance ministry and was initially scheduled for November 1. The major e-commerce platforms in Southeast Asia's largest economy, including Tokopedia, Shopee, and Lazada, were originally assigned the responsibility of collecting these taxes from sellers.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

More in Finance & Markets

More from Thursday 17 September →