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Why are transactions in Reku is taxable?

Why are transactions in Reku is taxable?

Based on PMK No. 68/PMK. 03/2022, which charges a tax for trading crypto assets on crypto exchanges in Indonesia. On your crypto transactions, the tax has been charged, deposited and reported by Reku, so you no need to pay the transaction taxes anymore.

The tax amount charged for “Rupiah-Crypto” crypto trading transactions for Final Value Added Tax (VAT) is 0.11% per transaction and for Final Article 22 Income Tax (PPh) which is 0.1% per transaction.

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Disclaimer: Crypto and US stocks prices can fluctuate over time due to various factors. You are advised to carefully consider your decisions when investing in or trading Crypto and US stocks. Reku does not force users to transact. All decisions to invest in or trade cryptocurrency and US stocks are your own.

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