What is PPN in Indonesia?
PPN is the acronym for Peraturan Pemerintah Nomor 36 Tahun 2013, which is the Indonesian government regulation on value-added tax. The regulation was issued on June 24, 2013 and came into effect on January 1, 2014.
PPN is a consumption tax that is levied on the sale of goods and services in Indonesia. The tax is calculated based on the value-added of the goods or services. The rate of PPN is 10 percent.
The PPN …