According to Indonesia’s new VAT rules, cryptocurrencies are to be treated as commodities. That raises important tax implications. As global regulators work to develop a framework for crypto, businesses need to take active steps to ensure they understand their VAT obligations.
Source: vatit.com
Latest Posts in "Indonesia"
- Government Considers VAT Rate Cut to Stimulate Consumer Spending Amid Economic Slowdown
- Indonesia Updates Digital Tax Rules for E-Commerce Sector
- Government Announces 50% VAT Discount on Airfare for Christmas and New Year Holidays
- Indonesia Extends Full VAT Relief on Housing Purchases Through 2026 to Boost Economy
- Indonesia, EU Finalize Free Trade Agreement to Counter US Tariffs
