Bitcoin & cryptocurrency tax overview
Capital Gains Tax
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.
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.
Mining Tax
Mining is treated as income from crypto asset extraction and subject to 0.1% final income tax on gross transaction value when sold via licensed exchange, or 0.2% outside licensed exchanges. Miners may also face standard income tax on the value of mined coins received.
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.
Community-sourced data. If you spot an error, please let us know.
This information is for general reference only and should not be considered tax advice. Tax laws change frequently and may vary based on individual circumstances, residency status, and transaction type. Always consult a qualified tax professional in your jurisdiction before making financial decisions based on this information.