Indonesia to impose VAT on internet giants from July

JAKARTA — Indonesia will require big internet companies to pay value-added tax on sales of digital products and services from July, a move that other countries may also adopt as they seek to boost revenues following the coronavirus pandemic. Southeast Asia’s largest economy will impose a 10% VAT on digital products sold by non-resident internet companies with a significant presence in the Indonesian market, including streaming services, applications and digital games, beginning July 1, according to a regulation published...