The Indonesian government will begin implementing a 0.1% crypto tax in May
Government officials are currently determining how crypto taxes can be implemented, but legislation passed after the pandemic laid the groundwork.
From May 1, the Indonesian government reportedly plans to charge a 0.1% capital gains tax on crypto investments, as well as a value-added tax on digital asset transactions. Indonesian government officials had considered taxing crypto transactions numerous times, despite warning its citizens about using digital assets for payments as early as 2014. In a report...
