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Author: Admin | 2025-04-27
Value and the number of investors.What Types of Taxes Apply to Crypto?Meanwhile, the types of taxes imposed on crypto asset profits are Income Tax (PPh) article 25/29 and Value Added Tax (VAT).To note, PPh 25 is a gradual payment of income tax.The aim is to ease the burden on taxpayers (WP), individuals, and business entities.The breakdown of the tax amount is that PPh is subject to a rate of 0.2%, while VAT is 0.22%.How to Pay Crypto Taxes in Indonesia?Regarding how to pay it, the imposition of crypto tax in Indonesia is carried out by appointing a third party who will become the VAT collector for trading crypto assets.The third parties appointed are Trade Operators Through Electronic Systems (PPMSE) at home and abroad.For your information, PPMSE is a taxpayer who has been confirmed as a Taxable Entrepreneur (PKP).Apart from that, PPMSE must also collect Income Tax Article 22 for the said crypto asset transaction.On the other hand, parties subject to crypto tax apply as crypto tax subjects are sellers of crypto assets, PPMSE, and Crypto Asset Miners (bitcoin mining).Then, crypto VAT subjects alias those subject to VAT on crypto asset transactions, namely crypto asset buyers and crypto asset sellers.What Penalties Will Be Received for Not Paying Crypto Taxes?As mentioned above, the type of tax imposed on profits from crypto is Income Tax (PPh) article 25/29.The deadline for paying PPh Article 25 is the 15th of the following month from the tax period to be paid.If you are late paying this one tax, any delay in depositing and reporting PPh Article 25 will be subject to sanctions in the form of interest of 2% every month from the due date until the Taxpayer pays off the tax.ConclusionEffective in Indonesia since May 1, 2022, the crypto tax is important because it can
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