Indonesia to raise cryptocurrency taxes
according to Reuters, Indonesia will implement new cryptocurrency tax regulations starting in 2026. Under the adjustment, domestic cryptocurrency sellers will be required to pay a 0.21% transaction tax (previously 0.1%), while the tax rate for overseas platform sellers will be significantly increased to 1% (previously 0.2%).
At the same time, buyers will no longer bear the original 0.11% to 0.22% value-added tax. The tax burden on cryptocurrency mining will also increase significantly, with the value-added tax rising from 1.1% to 2.2%, and the 0.1% special income tax being canceled, replaced by individual or corporate income tax rates.
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