The transfer of crypto is taxable is taxable in Indonesia. This transfer will be taxed a sales tax and VAT.
On the sales tax: the seller will be taxed at a flat rate of 0.1% of the selling price. This sales tax is final which means the seller does not have to report it in the annual tax return. The licensed crypto trader shall withhold this tax and pay it to Indonesian tax office. This rate is the same rate taxed for the sales of shares listed in Indonesia Stock Exchange.
On the VAT: the buyer will be taxed at a flat rate of 0.11% of the purchase price. The licensed crypto trader shall withhold this tax and pay it to Indonesian tax office.
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