Tax on prizes is borne by the User in accordance with the specified policy. The total prize/rewards received by the User has been automatically deducted after redeeming the direct prize by 5% of the prize in accordance with the provisions of Per-11/PJ/2015, PMK 168 of 2023, and PER2/PJ/2024. Each User will bear all costs arising from and/or related to the receipt of the Prize, including shipping costs and personal income tax (if any). Users may contact our Customer Service team to obtain a tax deduction certificate for the prizes received.
Calculation Example:
Prize in the form of Nanovest/ Crypto Cash Balance
Total Prize given by Nanovest: IDR 5,263
Tax on prize (5%): IDR -263 (5,263 x 5%)
Total prize received by user: IDR 5,000
Prize in the form of crypto
Total prize given by Nanovest: 10.52 NBT
Average price of NBT in 1 month: 30 IDR/NBT
Tax on prize (5%): IDR -15.78 ((10.52 x 30) x 5%) / equivalent to 0.52 NBT
Total prize received by user: 10 NBT