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Indonesia considers plan to tax trade in cryptocurrencies

Indonesia considers plan to tax trade in cryptocurrencies
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Jakarta Raya , Fransiska Nangoy , Neilmaldrin Noor , Ed Davies , Tabita Diela , Indonesia Financial Services Authority , Southeast Asian , Financial Services Authority , ஜகார்த்தா ராய , எட் டேவிஸ் , இந்தோனேசியா நிதி சேவைகள் அதிகாரம் , தென்கிழக்கு ஆசிய , நிதி சேவைகள் அதிகாரம் ,

Indonesia considers plan to tax trade in cryptos

FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic
JAKARTA: Indonesia is considering a plan to tax the trading of cryptocurrencies after a surge in popularity among local investors, a tax official said yesterday.
The South-East Asian country has been seeking to shore up state revenues amid the coronavirus pandemic, though Neilmaldrin Noor, a spokesman at Indonesia’s tax office, said a tax scheme for cryptocurrency was still at the discussion stage.
“It is important to know that. if there is a profit or capital gain generated from a transaction, the profit is an object of income tax, ” Neilmaldrin said. ....

Jakarta Raya , Neilmaldrin Noor , Southeast Asia , Indonesia Financial Services Authority , Southeast Asian , East Asia , Financial Services Authority , Crypto Currency , ஜகார்த்தா ராய , தென்கிழக்கு ஆசியா , இந்தோனேசியா நிதி சேவைகள் அதிகாரம் , தென்கிழக்கு ஆசிய , கிழக்கு ஆசியா , நிதி சேவைகள் அதிகாரம் , கிரிப்டோ நாணய ,

Indonesia considers plan to tax trade in cryptocurrencies

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Jakarta Raya , Neilmaldrin Noor , Southeast Asian , ஜகார்த்தா ராய , தென்கிழக்கு ஆசிய ,

Indonesia explores taxing crypto profits amid a surge in popularity among locals

Indonesia explores taxing crypto profits amid a surge in popularity among locals
[email protected] (Isabelle Lee)
© (hoto Illustration by Sheldon Cooper /SOPA Images/LightRocket via Getty Images
In this photo illustration the bitcoins are seen on display. (hoto Illustration by Sheldon Cooper /SOPA Images/LightRocket via Getty Images
Indonesia is looking to tax the trading cryptocurrencies, Reuters reported.
The country has banned cryptocurrencies as a method of payment but allows them to be traded as a commodity.
The trend is growing in Indonesia but, so far, not many people trade crypto.
Indonesia is looking to tax the trading cryptocurrencies, Reuters reported, as the Southeast Asian nation moves to temper the rising popularity of the digital asset space among its locals as well as shore up some state revenue following the devastating pandemic. ....

Neilmaldrin Noor , Oscar Darmawan , Tempo Co , Financial Services Authority , Sheldon Cooper , Getty Images , Southeast Asian , டெம்போ இணை , நிதி சேவைகள் அதிகாரம் , ஷெல்டன் கூப்பர் , கெட்டி படங்கள் , தென்கிழக்கு ஆசிய ,

Over 12.48 million Indonesians file annual tax returns

Over 12.48 million Indonesians file annual tax returns
4th May 2021
A brochure illustrates the procedure for registering and filing annual tax returns online at the main office of taxation in Kebayoran Baru, Jakarta on March 31, 2021. (ANTARA FOTO/Muhammad Adimaja/wsj) (ANTARA FOTO/MUHAMMAD ADIMAJA)
As many as 11,892,462 annual tax returns, or 95.3 percent of the total, were reported online through e-Filing, e-Form, and eSPT. Jakarta (ANTARA) - A total of 12,481,644 taxpayers have filed their annual tax returns as of April 30, 2021, according to the Finance Ministry’s directorate general of taxation.
Of the total taxpayers, 872,995 have filed institutional annual tax returns and 11,608,649 have filed private annual tax returns, director of counseling, service, and public relations at the directorate, Neilmaldrin Noor, disclosed here on Tuesday. ....

Neilmaldrin Noor , Finance Ministry , நிதி அமைச்சகம் ,