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A collection of 2 posts

New Crypto Asset Tax Begins In Indonesia

New Crypto Asset Tax Begins In Indonesia

JAKARTA, Indonesia, June 6, 2022 — The regulation regarding the taxation of crypto asset transactions is officially issued by the Government with a new VAT rate of 1% now imposed on all crypto assets. Tax provisions on the crypto asset trading are regulated by the Minister of Finance Regulation No. 68

Tax Guidelines for Nicotine Vape Liquids Still Vague Ahead of Jan 1

Tax Guidelines for Nicotine Vape Liquids Still Vague Ahead of Jan 1

KUALA LUMPUR, 29 December 2021 – The local vape industry has urged the government to urgently share the guidelines for the taxation of nicotine vape liquids which will be implemented starting January 1, 2022. This includes guidelines for the maximum amount of nicotine allowed in vape liquids. In the 2022 Budget