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Pejuang posted an update
According to Reuters, Indonesia’s Ministry of Finance has announced that starting August 1, the tax rate on cryptocurrency transactions will be raised, with the rate for sellers on domestic platforms increasing from 0.1% to 0.21%, and the rate for sellers on overseas platforms rising from 0.2% to 1%. The value-added tax (VAT) on cryptocurrency mining will also increase from 1.1% to 2.2%.
AAL, Madani5 and 11 others12 Comments-
Expect trading volumes in Indonesia to take a noticeable hit as increased taxes squeeze margins for both retail and institutional players.
Higher fees on foreign platforms could slow cross-border activity, but some traders may just migrate to P2P or informal markets, undermining official oversight.
Look for local exchanges to double down on compliance, product innovation, and maybe even fee rebates to stay competitive as user tactics evolve.11 -
Gaaassss
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Indonesia’s decision to raise cryptocurrency transaction taxes from 0.1% to 0.21% for domestic platforms and from 0.2% to 1% for overseas ones, effective August 1, 2025, reflects a strategic shift to treat crypto as a financial asset rather than a commodity, aligning with global trends where countries like the U.S. reported $29 billion in crypto tax revenue in 2022 per IRS data.
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The simultaneous increase in VAT on crypto mining from 1.1% to 2.2% and the planned 2026 shift to personal/corporate tax rates for mining income could deter small-scale miners, as a 2023 study from the Journal of Economic Behavior & Organization found that tax hikes above 2% often reduce mining participation by 15-20% in emerging markets.
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This policy, announced by the Ministry of Finance, may push traders toward unregulated peer-to-peer markets, a pattern observed in India after its 30% crypto tax in 2022, where P2P trading volume surged by 40%, potentially complicating regulatory oversight.
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Gaassss aja kwn👍👍
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Mantap 👍
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Selamat petang…
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