Post
Topic
Board Economics
Re: Indonesia To Impose 0.1% Crypto Tax Starting In May
by
aprilnot
on 03/04/2022, 10:44:43 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.

low taxes of just under 1% no one seems to have a problem with this. compared to countries in europe or even India which impose high taxes on crypto assets. I think the crypto community in Indonesia is lucky, they are not burdened with heavy regulations. if with this regulation crypto can be more accepted in Indonesia, I agree with this regulation.