Indonesia increases taxes on cryptocurrency exchange sales and miners
2025-07-30 10:58:38
The Indonesian government has updated its tax policy for the cryptocurrency industry, increasing the levy on traders and miners, while eliminating the value-added tax (VAT) obligation for buyers. In addition to the increase in income tax, the new tax framework has reportedly increased the value-added tax on crypto miners from 1.1% to 2.2%. In addition, the ministry has also eliminated the special 0.1% income tax rate for cryptocurrency mining. Such income will be collected at the individual income tax or corporate tax rate, which will come into effect in 2026.
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