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Data: Indonesia's Annual Crypto Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million
Summary: According to reports from TECHINASIA, data released by the Indonesian tax authorities shows that Indonesia's annual cryptocurrency tax revenue ranges between 5 to 6 trillion Indonesian Rupiah (approximately $31.25 million to $36.4 million). In the first year of 2022, they collected 24.6 billion Rupiah, which decreased to 22 billion Rupiah in 2023, surged to 62 ...
According to reports from TECHINASIA, data released by the Indonesian tax authorities shows that Indonesia's annual cryptocurrency tax revenue ranges between 5 to 6 trillion Indonesian Rupiah (approximately $31.25 million to $36.4 million). In the first year of 2022, they collected 24.6 billion Rupiah, which decreased to 22 billion Rupiah in 2023, surged to 62 billion Rupiah in 2024, and has collected 11.5 billion Rupiah so far in 2025. The Indonesian government recently updated its cryptocurrency regulation policies, increasing the tax rate for overseas platforms to 1% and adjusting the tax rate for domestic platforms to 0.21%. They also eliminated the buyer's value-added tax and reclassified crypto assets as financial assets under the supervision of the Financial Services Authority. Currently, Indonesia's crypto user base has surpassed 20 million, exceeding the number of local stock market investors. The tax department noted that price fluctuations of crypto assets will continue to impact future tax revenues.
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Link: Data: Indonesia's Annual Crypto Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million [Copy]
