Indonesia plans to implement new regulations requiring e-commerce platforms to withhold tax on their sellers’ sales income in a bid to boost revenues, according to two industry sources informed of the move and a document seen by Reuters.
The planned directive, which also aims to level the playing field with brick-and-mortar shops, could be announced as soon as next month, one of the sources said, as Southeast Asia’s largest economy grapples with weak revenue collection.
The changes would affect the country’s main e-commerce operators, including…