Overview
- Sellers on domestic platforms will face a 0.21% transaction tax from August 1, up from the previous 0.1%.
- Trades on offshore exchanges will incur a 1% levy, a significant increase from the current 0.2% rate.
- Crypto buyers will be exempt from value-added tax on purchases, eliminating the previous 0.11–0.22% charge.
- VAT on crypto mining will double to 2.2% and a 0.1% special mining income tax will be phased out in favor of standard rates from 2026.
- The reforms follow crypto’s reclassification as financial assets and reflect a market surge that pushed trading volumes past 650 trillion rupiah in 2024.