Review Paper
Year: 2022 | Month: December | Volume: 9 | Issue: 12 | Pages: 466-472
DOI: https://doi.org/10.52403/ijrr.20221252
The Implementation of Tax Laws on Cryptocurrencies and NFTS in Indonesia is Progressing Well
Waluyo Slamet Pradoto1, Doris Rahmat2
1,2Faculty of Law, Universitas Slamet Riyadi Surakarta
Corresponding Author: Waluyo Slamet Pradoto
ABSTRACT
This study investigates the possibility of taxing digital assets such as cryptocurrency and NFT in order to raise funds for the government. Using normative research approaches, it is possible to determine if cryptocurrencies and other digital assets (NFT) should be subject to high or low tax rates. The study looked at the tax policies of numerous countries addressing cryptocurrencies and digital assets, in addition to studying bitcoin tax laws and NFT. Different laws, methods, and issues apply to the regulation of cryptocurrencies and NFT depending on the jurisdiction. There is no universal agreement on this.
Keywords: taxes, cryptocurrencies, digital assets, NFT
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