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Dubai

  • Regulation

    Indonesia levies 0.1% VAT, income tax on crypto

    Indonesia will tax income from crypto trading at 0.1% and impose an additional value added tax (VAT) of 0.1% on crypto transactions starting May. See related article: Indonesian regulators play catch-up as crypto investment soars Fast facts The tax rate is lower than the 11% tax that the Indonesian government levies on other goods and […]

    Pradipta Mukherjee