VAT

  • Indonesia approves incentives for airlines

    Published on : Thursday, July 11, 2019

    Indonesian president Joko Widodo has signed a government regulation that will give economic incentives to airline companies after all relevant stakeholders in the aviation industry agreed to cost sharing to push airfares down. The Secretary to the Coordinating Economic Minister …

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  • UAE introduces VAT for the first time

    Published on : Monday, January 1, 2018

    The United Arab Emirates have introduced value added tax (VAT) for the first time.     It has already introduced road tolls and a tourism tax and it will apply for services such as vehicle registration. According to the economists, …

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