One of the 14 recent regulations that address the imposition of Value Added Tax (Pajak Pertambahan Nilai– “ PPN ”) officially issued by the Minister of Finance (“ Minister ”) [1] is Regulation of the Minister No. 67/PMK.03/2022 on Value Added Tax on the Delivery of Insurance Agent Services, Insurance Broker Services and Reinsurance Broker Services (“ Regulation 67/2022 ”).
PPN Updates: Insurance Agent Services, Insurance Broker Services and Reinsurance Broker Services to Be Taxed at 1.1% From 1 April 2022
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