🇮🇩 Indonesia Updates Crypto Taxes: Miners & Sellers Pay More, Buyers Catch a Break
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Heads up for anyone trading or mining crypto in Indonesia — the government just rolled out major changes to how digital assets are taxed starting August 1, 2025. The move shifts the burden more onto sellers and miners, while buyers get some relief.
What’s changing?
Income tax on domestic crypto sales: Up from 0.1% → 0.21% Income tax on foreign exchange sales: 1% (previously 0.2%) VAT on crypto mining: Doubled to 2.2% Special mining income tax (0.1%) scrapped: Miners now fall under regular personal or corporate tax starting 2026
What’s been removed?
Buyers are now VAT-exempt! Previously, crypto purchases were subject to 0.11%–0.22% VAT Transfers of crypto “equivalent to securities” are now also VAT-free
️ Why it matters:
Finance Minister Sri Mulyani Indrawati says the changes aim to create legal certainty and adapt to how crypto is evolving in Indonesia. The new rules were introduced through Regulations No. 50/2025 and No. 53/2025.
What’s your take?
Is this a fair move by Indonesia to tax profit-makers more heavily? Will it hurt local miners and exchanges? Or does removing VAT for buyers help promote more crypto adoption?
Let’s discuss!