-0.17% Bitcoin (BTC) 21698.33 EUR
-0.25% Ethereum (ETH) 1550.06 EUR
+1.84% Litecoin (LTC) 93.7 EUR
-0.66% B-Cash (BCH) 126.01 EUR
-0.06% Ethereum (ETH) 0.0721948 BTC
+2.15% Litecoin (LTC) 0.00436219 BTC
-0.34% B-Cash (BCH) 0.0058883 BTC
-0.35% Bitcoin (BTC) 23239.3526 USDC
+0.23% USD Coin (USDC) 0.94 EUR
-0.41% Bitcoin (BTC) 23216.163 USDT
+0.23% Tether (USDT) 0.94 EUR
-0.03% Chainlink (LINK) 6.56 EUR
+0.37% Chainlink (LINK) 0.00030684 BTC
-1.73% Dogecoin (DOGE) 0.08 EUR
-1.97% Dogecoin (DOGE) 0.00000397 BTC
-0.97% Uniswap (UNI) 6.38 EUR
-1.20% Uniswap (UNI) 0.00029744 BTC
-1.22% Cardano (ADA) 0.36 EUR
-1.04% Cardano (ADA) 0.00001707 BTC
+2.34% Tron (TRX) 0.06 EUR
+2.50% Tron (TRX) 0.00000286 BTC
-3.09% Shiba Inu (SHIB) 0.00001322 EUR
+2.88% Zcash (ZEC) 43.16 EUR
+3.09% Zcash (ZEC) 0.00202 BTC
-0.48% Basic Attention Token (BAT) 0.0000124 BTC
+10.29% TradeFlow (TFLOW) 0.13085025 BUSD

Indonesia to Charge 0.1% Tax on Crypto Transactions, Investments: Report

04-04-2022

  • Indonesia plans to charge value-added tax (VAT) on crypto transactions and capital gains at a rate of 0.1% starting May 1.
  • The government will impose income tax and VAT on crypto assets and is still working on the implementing regulation, tax official Hestu Yoga Saksama said Friday, according to a Reuters report.
  • "Crypto assets will be subject to VAT because they are a commodity as defined by the trade ministry. They are not a currency," he said.
  • The 0.1% capital gains tax matches the rate Indonesian investors are charged on shares.
  • Crypto trading in Indonesia is regulated by the Commodity Futures Trading Regulatory Agency. It was estimated that as many as 7.4 million Indonesians were invested in crypto as of last July, double the number from a year earlier.

 

Source: Coindesk