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…
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Cryptocurrency trading in Indonesia will be subject to a 0.1% VAT and income tax on transactions, beginning next month The move is in line with the nation’s tax reforms last year following its... [[ This is a content summary only. Visit my website for full links, other content, and more!…
A typo error on the Income Tax Department’s website mistakenly altered a 1% tax-deducted-at-source (TDS) figure to 0.1%, and has since been rectified, the Income Tax Department said on Wednesday. ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
The Ukrainian government has come out with its declaration of having lost out on a massive chunk of tax collection from unauthorized crypto exchanges. In the past ten years, crypto exchanges have been responsible for a shortfall of approximately $80 million in terms of tax-based revenue that the country would…