Indonesia Quadruples Tax on Overseas Crypto Trades

Indonesia Quadruples Tax on Overseas Crypto TradesIndonesia will hike tax rates on cryptocurrency transactions starting August 1, with sellers on domestic exchanges now facing a 0.21% tax on transaction value, while those using overseas exchanges will see their rate increase to 1%. Crypto’s Rising Popularity Fuels Tax Adjustments Indonesia is set to implement higher tax rates on cryptocurrency transactions starting August […]

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