Income Tax and Value-Added Tax on The Implementation of Financial Technology

Tax Update
Income Tax and Value-Added Tax on The Implementation of Financial Technology
October 14, 2022
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On early Q2 2022, our Minister of Finance effectively use new regulation regarding Financial Technology and this regulation affected Income Tax and Value-Added Tax. Financial Technology implementation is the activity of using technology in the financial system that produces new products, services, technology, and/or business models and can have an impact on monetary stability, financial system stability, and/or efficiency, smoothness, security, and reliability of the payment system.

 

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Income Tax and Value-Added Tax on The Implementation of Financial Technology
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