DGT Strengthens Crypto Asset Tax Regulations In Papua

Crypto tax (Photo: Antara)

JAKARTA - The Regional Office (Kanwil) of the Directorate General of Taxes (DJP) of Papua, West Papua, and Maluku, strengthens the regulation of crypto asset tax on Cenderawasih Earth by issuing three new regulations effective from August 1, 2025.

Head of the Regional Office of DGT Papua, West Papua, and Maluku (Papabrama) Dudi Efendi Karnawidjaya said the three new regulations, namely PMK Number 50 of 2025 concerning value added tax and income for crypto asset trading transactions.

"Then, the two PMK Number 53 of 2025 concerning amendments to PMK 11/2025 concerning other value provisions as the basis for the imposition of taxes and certain amounts of VAT, and PMK Number 54 of 2025 concerning the third amendment to PMK 81/2024 concerning tax provisions in the implementation of the core tax administration system," he said, quoting Antara.

According to Dudi, the regulations issued are not new taxes, but adjustments to technological developments and changes to the legal status of crypto assets in Indonesia.

"The government through the Ministry of Finance has issued three new regulations to strengthen tax management of crypto asset transactions," he said again.

He explained that this change follows the issuance of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK) which changed the status of crypto assets from commodities to digital financial assets equivalent to securities.

"With this new status, transactions for the delivery of crypto assets are no longer subject to VAT, but are still subject to the final income tax article 22, with different rates depending on the type of transaction organizer and the domicile of the platform," he said again.

He added that for transactions through domestic trading operators (PPMSE DN), the rate is 0.21 percent of the transaction value, while through foreign platforms (PPMSE LN) it is subject to 1 percent.

"In addition, crypto support services, such as the provision of mining electronic facilities and verification services (mining) are also taxed in accordance with applicable regulations, including the appointment of foreign platforms as collection of PPh Article 22," he also said.