Cryptocurrency transactions in Indonesia are subject to taxation in accordance with government regulations. The applicable taxes are determined by the Directorate General of Taxes (DJP) and the Ministry of Finance.
What Types of Taxes Apply to Cryptocurrency Transactions?
Based on regulations from the Directorate General of Taxes (DJP) and the Ministry of Finance, the following types of taxes apply when you conduct cryptocurrency transactions:
Income Tax (Final PPh 22): Applied to every cryptocurrency sell transaction.
Value Added Tax (VAT/PPN): Applied to cryptocurrency buy transactions.
Tax Rates:
- Final PPh 22: 0.1% of the transaction value
- VAT: 0.11% of the transaction value
Note: Tax rates may change at any time in line with government policies.
Is the Tax Deducted Automatically?
Yes, on BTSE Indonesia, taxes are deducted directly from every transaction you make. This way, you don’t need to calculate or pay them manually.
Each time you buy or sell crypto, the system will automatically:
- Calculate the tax amount
- Deduct it from the transaction
- Remit the tax to the government through the applicable mechanism
How to Report Cryptocurrency Taxes in the Annual Tax Return (SPT)?
Even though taxes are deducted automatically, you are still required to report your crypto activities in your Annual Tax Return (SPT) as part of your assets or income.
Here are the simple steps:
- Log in to your DJP Online account: https://djponline.pajak.go.id
- Select the E-Filing menu
- Enter your income and crypto asset ownership data (if any)
- Attach supporting documents (if requested), such as:
- Transaction history
- Tax withholding slip from the platform (which you can download from BTSE)
Tips: Record all transactions and keep your documents neatly organized to simplify reporting.
If you need a tax withholding slip or transaction history, you can access them via the BTSE Indonesia website.
Comply with taxes, protect your assets, and trade with peace of mind with BTSE Indonesia.
