Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
While Bappebti has not specified how it wants the Finance Ministry to revise the taxes, it is likely that it seeks the removal of VAT, to match how stocks…
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Browsing Tag
Tax
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Dilip Chenoy, the chairman of the Bharat Web3 Association, the policy body advocating for India's Web3 sector, said given this is an interim budget we didn't…
Indonesia’s Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin’s Surge
On the other hand, bitcoin (BTC) jumped 159% in 2023. Despite this significant market upturn, Indonesia’s crypto tax revenue experienced a downturn,…
Indonesian Crypto Exchanges Blame 60% Drop in Trading Volumes Partly on High Taxes
"Both stocks and crypto are tradable assets with profit potential … Thus, implementing the same tax regime for both these investment instruments would be…