State revenue from crypto taxes keeps rising

Indonesia's tax authority reports crypto transaction tax revenue reached Rp1.96 trillion from 2022 to February 2026. This includes Rp1.09 trillion in PPh 22 and Rp875.31 billion in domestic PPN. The rise reflects growing integration of crypto into the formal economy.

Indonesia's Direktorat Jenderal Pajak (DJP) notes a rising trend in crypto asset transaction tax revenue since implementation in 2022. Yearly breakdowns show Rp246.54 billion in 2022, Rp220.89 billion in 2023, Rp620.38 billion in 2024, Rp796.73 billion in 2025, and Rp84.7 billion early in 2026.

Despite progressive growth over four years, crypto's share remains small compared to other digital sectors, including Perdagangan Melalui Sistem Elektronik (PMSE) at Rp37.40 trillion, peer-to-peer lending fintech at Rp4.64 trillion, and Sistem Informasi Pengadaan Pemerintah at Rp4.11 trillion.

Indodax CEO William Sutanto said his firm contributed Rp907.11 billion, comprising Rp520.16 billion in PPh 22 and Rp386.95 billion in PPN. "Tax contributions reflect our commitment to fulfilling obligations as a compliant crypto industry player. We view compliance as a key foundation for the sustainability of Indonesia's crypto ecosystem," he stated on Friday (10/4/2026).

Sutanto stressed the need for investor education on tax duties alongside profits. The government plans to enhance oversight to boost crypto's transparent contributions.

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