What is Tax?
Personal moneyMoney paid to the government. Investment income such as deposit interest and dividends is often taxed.
Think of it like: The government's share of what you earn.
Real example: In Indonesia, the bank takes a 20% final tax from deposit interest on balances above Rp7.5 million.
Lesson: Fees and costs add up Practise it now: Asset Race Practise it now: Monkey vs Manager