Indonesia said to lift taxes on cryptocurrency transactions
Main Idea
Indonesia's finance ministry will implement a new crypto tax framework starting August 1, requiring domestic sellers using exchanges to pay a 0.21% tax on transaction value.
Key Points
1. Indonesia's finance ministry is overhauling its crypto tax framework.
2. The new tax policy will take effect starting August 1.
3. Domestic sellers using crypto exchanges will be subject to a 0.21% tax on transaction value.
Description
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