📊 Indonesia to Raise Cryptocurrency Tax Rates Starting August 1

Beginning August 1, Indonesia will implement higher tax rates on cryptocurrency transactions. The sales tax on crypto trades conducted through domestic exchanges will increase from 0.1% to 0.21%, while trades on foreign platforms will see the rate rise from 0.2% to 1%.

Buyers will no longer be subject to value-added tax (VAT), but cryptocurrency mining will now be taxed at a VAT rate of 2.2%, up from the previous 1.1%. Additionally, the special 0.1% income tax rate for miners will be abolished starting in 2026.