Maybank sees Indonesia’s new tax has minimal impacts on e-commerce platforms
Maybank Investment Bank said Wednesday that it sees minimal impact from Indonesia’s new tax on e-commerce platforms as it believes consumers can absorb the 0.5 percent tax. The research house said in a note that it believes consumers will ultimately bear the cost. It is noted that Indonesia’s finance ministry will require e-commerce platforms to collect a 0.5 percent income tax...
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