Taxes · IDN
Taxes in Indonesia
Indonesia taxes cryptocurrency primarily through final withholding taxes collected by licensed exchanges: 0.1% income tax and 0.11% VAT on gross transaction value per trade, regardless of profit or loss. These rules apply to trades on Bappebti-registered platforms, with higher rates of 0.2% income tax applying to off-platform transactions. The system is relatively straightforward but does not distinguish between gains and losses, meaning tax is owed even on unprofitable trades.
Income tax
Crypto income including mining and staking rewards is subject to income tax at 0.1% final tax on gross transaction value when traded via licensed exchanges, or 0.2% if traded outside licensed exchanges. Standard progressive income tax rates may also apply depending on classification.
VAT / GST
Crypto assets are classified as intangible goods and subject to VAT at an effective rate of 0.11% of transaction value (1.1% VAT times 10% deemed value), collected by licensed exchanges. This applies to buying and selling on registered platforms.
Capital gains
Capital gains from crypto disposal are subject to a final income tax of 0.1% of the gross transaction value (not the gain), collected by licensed crypto exchanges (CEXs) registered with Bappebti, effective May 2022 under PMK-68/2022.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap