- On 25 July 2025, Indonesia’s Minister of Finance issued Regulation Number 50 of 2025, aligning tax law with existing legislation for crypto-assets.
- PMK-50 classifies crypto-assets as digital financial assets and clarifies income tax and VAT treatment.
- PMK-50 became effective on 1 August 2025.
- Crypto-assets are now treated as digital financial assets, not subject to VAT on delivery from seller to buyer.
- PPMSE must collect VAT at a rate of 12 percent times eleven-twelfths on commission fees for facilitating crypto-asset transactions.
- PPMSE issues VAT invoices and reports VAT to the Directorate General of Taxes.
- Miners must collect VAT on transaction verification services.
- The VAT rate for miners is increased to 20 percent times eleven-twelfths times standard VAT rate of 12 percent times crypto-asset value received.
- Miners considered as VAT entrepreneurs must issue VAT invoices as retail PKP.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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