#Indonesia Imposes 5x Higher #Crypto Taxes on Foreign Exchanges


Indonesia will implement significantly higher cryptocurrency transaction taxes starting Aug. 1, targeting foreign exchange users.


Domestic exchange users will see seller taxes double from 0.1% to 0.21%.


Foreign exchange users face a dramatic increase from 0.2% to 1%—a fivefold jump in transaction costs.


The new framework eliminates value-added tax for crypto buyers, providing some relief from previous rates of 0.11% to 0.22%.


#Mining operations will face increased VAT rates rising to 2.2% from 1.1%.


The special 0.1% income tax rate for #mining activities will be eliminated in 2026, subjecting operations to standard tax rates.

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July 30, 2025 at 12:51 PM
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