{"id":39596,"date":"2025-07-30T15:32:12","date_gmt":"2025-07-30T15:32:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39596"},"modified":"2025-07-30T15:32:12","modified_gmt":"2025-07-30T15:32:12","slug":"indonesia-to-raise-taxes-on-crypto-transactions-reuters","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39596","title":{"rendered":"Indonesia to Raise Taxes on Crypto Transactions: Reuters"},"content":{"rendered":"<div>\n<p>Indonesia plans to raise taxes on crypto transactions by Aug. 1 as crypto investing grows more popular, <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/indonesia-raise-tax-rate-crypto-transactions-2025-07-30\/\">Reuters reported <\/a>citing a new regulation from the Ministry of Finance.<\/p>\n<p>Sellers using exchanges located in the country will have to pay a 0.21% tax on the transaction value, up from 0.1%, Reuters said. For sellers using overseas exchanges the charge increases to 1%  from 0.2%. There is some relief: Crypto buyers will no longer be subject to value added tax (VAT) under the new rules. <\/p>\n<p>The new measures come after the total transaction value of crypto on the country&#8217;s exchanges more than tripled to 650 trillion rupiah ($39.5 billion) in 2024 from the year before, Reuters said, citing regulator data. A total of 20 million people used the exchanges last year, Reuters added. Indonesia started licensing <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/10\/22\/indonesia-extends-deadline-for-crypto-exchange-license-requirements-following-regulatory-updates\">crypto exchanges <\/a>after it passed legislation in 2019.<\/p>\n<p>The country also increased the VAT rate for <a href=\"https:\/\/www.coindesk.com\/learn\/how-bitcoin-mining-works-2\">mining crypto<\/a> from 2.2% to 1.1%, Reuters reported.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Indonesia plans to raise taxes on crypto transactions by Aug. 1 as crypto investing grows more popular, Reuters reported citing a new regulation from the Ministry of Finance. Sellers using exchanges located in the country will have to pay a 0.21% tax on the transaction value, up from 0.1%, Reuters said. For sellers using overseas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39596","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39596"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39596\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}