Indonesia to Hike Crypto Taxes, Target Offshore Platforms With Higher Rates Next Month
In brief Indonesia’s new tax policy imposes a 1% levy on offshore crypto transactions, while domestic trades face an increased 0.21% rate. The overhaul eliminates VAT for crypto buyers and raises mining VAT to 2.2%, with standard income tax rules coming in 2026. Decrypt was told the tax hike could deter high-volume or frequent retail…
