"Crypto assets will be subject to VAT because they are a commodity as defined by the trade ministry. They are not a currency," the official, Hestu Yoga Saksama, told a media briefing. "So we will impose income tax and VAT."
As I understand it, this is not a legislation specific to cryptocurrencies, but rather because of the nature of the classification of these currencies as “commodity” and therefore a value-added tax was imposed on all commodities?