- Indonesia’s PMK-50/2025, effective August 1, 2025, reclassifies crypto assets as digital financial assets (securities), changing their tax treatment.
- Crypto transfers are now exempt from VAT, but platforms must charge VAT on their commission fees and miners must pay VAT on mining services.
- Crypto sales via official domestic platforms are subject to a 0.21% final income tax, while foreign-platform transactions face a 1% rate.
- From 2026, crypto mining income will be taxed under normal income tax rules, allowing business expense deductions.
- The regulation is intended to align taxation with OJK oversight and reduce costs while giving crypto greater legal certainty.
Source: cryptoslate.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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