Indonesia hikes crypto seller tax, ends VAT for buyers

The Indonesian authorities has updated its taxation policies for the crypto industry, raising levies connected traders and miners portion removing value-added taxation (VAT) obligations for buyers.

On Monday, Indonesia’s Ministry of Finance issued aggregate regulatory updates, including regulations No. 50/2025 and No. 53/2025, which amend crypto taxation rates and compliance requirements effectual Aug. 1.

An excerpt from the rubric leafage of Indonesia’s Ministerial Regulation No. 50/2025 (machine translated by Google). Source: Indonesia’s Ministry of Finance

According to Reuters, the caller model has increased the income taxation connected crypto plus income made connected home exchanges from 0.1% to 0.21%.

The caller taxes are importantly higher for crypto income made connected overseas crypto exchanges, up from the existent 0.2% to 1%, the study noted.

Indonesian miners deed with higher taxes

In summation to hiking the income tax, the caller taxation model has reportedly raised the VAT for crypto miners from 1.1% to 2.2%.

Additionally, the ministry has removed a 0.1% peculiar income taxation complaint connected crypto mining, reportedly subjecting specified income to either idiosyncratic income taxation oregon firm taxation rates, effectual successful 2026.

“Crypto Asset Miners who person been confirmed arsenic taxable entrepreneurs […] are retail trader taxable entrepreneurs,” the regularisation 50/2025 reads. It adds:

“Crypto plus miners who bash not fulfill the provisions […] volition beryllium taxable to sanctions arsenic regulated successful the wide provisions and taxation procedures law.”

While expanding the taxes for crypto miners and sellers, the ministry has exempted immoderate crypto transactions from VAT.

Crypto transactions exempted from VAT

According to regularisation 50/2025, transfers of crypto assets that are “equated to securities” and are not taxable to VAT.

According to Reuters, the exemption targets buyers of crypto assets, who are nary longer taxable to VAT. Under erstwhile rules, buyers were reportedly required to wage a VAT of 0.11%–0.22%.

A section study from CNBC Indonesia detailed that the VAT complaint for crypto transactions has been removed from regularisation 53/2025, which eliminated articles 343 and 354.

“To supply ineligible certainty for crypto plus trading transactions and accommodate to developments successful crypto plus trading, it is indispensable to set taxation provisions for crypto plus trading transactions,” Finance Minister Sri Mulyani Indrawati said successful the document.

Magazine: Hong Kong hoses down stablecoin frenzy, Pokémon connected Solana: Asia Express