Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
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Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
As the cryptocurrency industry proliferates in the mainstream, demands for its enforcement by government agencies are growing, including the United … Continue reading
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India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.
The Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
Russia’s digital ruble has been integrated into the nation’s tax code after its President Vladimir Putin signed the move into law.
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks
The bill is awaiting presidential approval.
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.