Categories: Social Media News

Indonesia to charge Twitter, Zoom 10% VAT

Indonesia has added 12 more companies, including Twitter and video-conferencing site Zoom, to the list of internet businesses that must pay a 10 percent value-added tax on their sales on the local market, Reuters reports. Back in July, Indonesia announced Google Asia Pacific, Netflix and Facebook among other tech companies would be liable to the 10% VAT. 

The 12 company recently added to this list also includes LinkedIn Singapore, two units of Twitter, Skype Communications, Zoom Video Communications, McAfee Ireland, and Microsoft Ireland Operations. The Indonesian tax office also put game developer Mojang AB, streaming platforms Novi Digital Entertainment and PCCW Vuclip (Singapore) on the list, as well as digital marketplaces Jingdong Indonesia Pertama and Shopee International Indonesia.

Starting 1 October this year, these companies must start charging VAT to advertisers and other customers.

 

Original Source

Social Media Asia Editor

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