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Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August

Home / Crypto News / Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August
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Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August

30 Jul Crypto News

Key Takeaways

  • Indonesia will double crypto transaction taxes and remove VAT for buyers starting August 1.
  • Crypto assets in Indonesia are now classified as financial assets rather than commodities.

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