Saham News
Bank Stocks Under Pressure from Foreign Selling-Risk or Buying Opportunity?
Bank Stocks Under Pressure from Foreign Selling-Risk or Buying Opportunity?
/index.php
12% VAT on Stock Transactions in 2025. How Will it Impact Your Securities Fees?
Bisnis | Ekonomi - Posted on 04 January 2025 Reading time 5 minutes
12% VAT Picture Illustration
IDX Adjusts to 12% VAT Implementation Starting January 2025
DIGIVESTASI - The Indonesia Stock Exchange (IDX) will adjust its implementation of Value Added Tax (VAT), which will increase to 12% starting January 2025. According to IDX Circular No. S-13561/BEI.KEU/12-2024, transactions conducted after January 1, 2025, will be subject to a 12% VAT rate. However, invoices issued before that date will remain subject to the 11% VAT rate.
For example, for a transaction fee of IDR 100,000, the VAT charged will still be IDR 11,000. Before January 1, 2025, the calculation is 11% x IDR 100,000, resulting in IDR 11,000. After the adjustment, the new formula becomes 12% x (11/12) x IDR 100,000, which also results in IDR 11,000.
Tomi Taufan, Director of PT Mirae Asset Sekuritas Indonesia, welcomed the policy positively. He stated that the policy offers a breath of fresh air for Mirae Asset and the capital market industry as a whole, while also starting the new year of 2025 with a more optimistic spirit.
Source: liputan6.com
What do you think about this topic? Tell us what you think. Don't forget to follow Digivestasi's Instagram, TikTok, Youtube accounts to keep you updated with the latest information about economics, finance, digital technology and digital asset investment.
DISCLAIMER
All information contained on our website is summarized from reliable sources and published in good faith and for the purpose of providing general information only. Any action taken by readers on information from this site is their own responsibility.
TAG :
0
SHARE
1551
VIEW
