Post
Topic
Board Economics
Re: Indonesia To Impose 0.1% Crypto Tax Starting In May
by
YOSHIE
on 03/04/2022, 10:23:36 UTC
Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such investments at 0.1% each.
it's fine if the Indonesian government wants to do it, taxes are indeed the biggest income as an asset of the Indonesian state, As far as I know all crypto exchanges, official ones from their government are legally licensed to operate in Indonesia, registered.

Maybe the current government is aware that crypto users are growing very large in Indonesia, you can say billions of transactions per day, here may arise a thought for the government to carry out a 0.1% tax rule through VAT or PPH.