Indonesia
Blockchain Media
Indonesia's Foreign Digital Tax Now in Effect — Are NFT Purchases and Web3 Services Covered Too?
- Indonesia's VAT (PPN) rule targeting foreign digital goods and services providers is back in the spotlight.
- The key question raised is whether NFT purchases and Web3 services fall under this foreign digital tax obligation.
- The article reviews the applicable provisions to clarify the scope of coverage for digital and crypto-related transactions.