Indonesia will introduce a brand new set of tax guidelines for digital property beginning August 1.
The up to date rules carry larger taxes for many who promote or mine crypto, whereas consumers will not need to pay value-added tax (VAT).
The Ministry of Finance introduced two new guidelines, No. 50/2025 and No. 53/2025, on July 28. These modifications are a part of the federal government’s effort to enhance how crypto transactions are taxed.
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One main change is the rise in revenue tax on gross sales made by means of native crypto platforms. The speed has gone up from 0.1% to 0.21%. For trades made on abroad exchanges, the tax rises from 0.2% to 1%.
The VAT on mining providers has been raised from 1.1% to 2.2%. Moreover, a 0.1% particular revenue tax that utilized to mining will likely be eliminated beginning in 2026. After that, miners might want to comply with the final guidelines for both private or company revenue tax.
In line with Regulation 50/2025, miners who’re registered as taxable companies are handled like retail merchants. Those that don’t meet the required requirements may face penalties beneath the nation’s tax legal guidelines.
On the similar time, the federal government is eradicating VAT from some forms of crypto transactions. Transfers of digital property which are handled equally to securities will not be taxed beneath VAT guidelines.
In line with a report by CNBC Indonesia, Finance Minister Sri Mulyani Indrawati acknowledged that these updates are supposed to present clearer guidelines and sustain with modifications within the crypto market.
In the meantime, the Hong Kong Financial Authority (HKMA) just lately finalized new guidelines for stablecoin issuers. What do these guidelines cowl? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Struggle II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire largest points and struggles that crypto fans face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to individual for every thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established shops, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market traits, and in search of the subsequent supernova.