In my country Indonesia, bitcoin users are required to pay taxes.

If there is a profit when trading / buying or investing in bitcoin, it is taxable income. In accordance with the self assessment system, the taxpayer reports the income in the annual tax return and pays taxes.

In addition, there are no specific calculations regarding the benefits of bitcoin investment, Normal only, the difference between the selling price and the purchase price is the profit that is the object of income tax.

He asserted, taxpayers must also include bitcoin ownership in the column of assets in their annual tax letters. If not included and the treasure is found, the taxpayer can be threatened with fines.