Indonesia Expands Tax Reporting to Include Crypto Exchanges and E-Wallets

New Regulations Under Finance Minister Regulation No. 108/2025

The Indonesian government has introduced comprehensive new tax reporting requirements for the digital economy sector through Finance Minister Regulation No. 108/2025 ¹

Key Provisions of the New Regulation

1. Crypto Asset Reporting:

   • Crypto exchanges must report transactions exceeding US$50,000 ⁴
     Source 4

     https://nasional.kontan.co.id/news/aturan-baru-pajak-exchange-kripto-wajib-lapor-transaksi-di-atas-us-50000
   • Includes both exchange transactions and retail payments using crypto assets
   • Implementation aligns with OECD's Crypto-Asset Reporting Framework (CARF)

2. E-Wallet and Payment Service Providers:

   • Categorized as Financial Institutions under the regulation ²
     Source 2

     https://nasional.kontan.co.id/news/aturan-terbit-ditjen-pajak-bisa-mengintip-data-e-wallet-hingga-kripto-mulai-2026
     ³
     Source 3

     https://aktual.kontan.co.id/news/siap-siap-diawasi-data-e-wallet-hingga-kripto-resmi-dibuka-untuk-pajak
   • Required to report financial data for tax purposes
   • Includes both bank and non-bank e-wallet providers

3. International Alignment:

   • Regulation follows OECD's Common Reporting Standard (CRS) guidelines ³
     Source 3

     https://aktual.kontan.co.id/news/siap-siap-diawasi-data-e-wallet-hingga-kripto-resmi-dibuka-untuk-pajak
   • Includes digital assets and electronic money in reporting requirements

Implications for Digital Economy Participants

The new regulations mark a significant shift in Indonesia's approach to tax compliance in the digital economy. Key implications include:

1. Increased Transparency: Enhanced reporting requirements will improve tax compliance and reduce revenue leakage
2. Compliance Costs: Digital service providers will need to invest in reporting infrastructure
3. Data Security: Enhanced data sharing raises concerns about information security
4. Market Consolidation: Smaller players may face challenges in implementing required changes

Implementation Timeline

The new reporting requirements are set to take effect in 2026, giving digital service providers a transition period to comply with the regulations. The government is expected to issue further technical guidelines to facilitate implementation.