State Revenue from Crypto Taxes Continues to Rise

REPUBLIKA.CO.ID, JAKARTA — Tax revenue from cryptocurrency asset transactions has shown an increasing trend since being implemented in 2022. This contribution reflects the growing integration of crypto activities into the formal economic system.

The Directorate General of Taxes (DJP) records that crypto tax revenue reached Rp1.96 trillion throughout 2022 to February 2026. This figure consists of PPh 22 amounting to Rp1.09 trillion and domestic VAT of Rp875.31 billion.

Viewed annually, crypto tax revenue continues to grow, from Rp246.54 billion in 2022, Rp220.89 billion in 2023, Rp620.38 billion in 2024, to Rp796.73 billion in 2025. In early 2026, tax realisation has reached Rp84.7 billion.

On the other hand, the contribution from crypto remains relatively small compared to other digital economy sectors. Taxes from Electronic System-Based Trading (PMSE) are recorded at Rp37.40 trillion, followed by peer-to-peer lending fintech at Rp4.64 trillion and the Government Procurement Information System (SIPP) at Rp4.11 trillion.

Nevertheless, the growth rate of crypto taxes is considered progressive over the last four years, in line with the increasing number of investors and transaction activities.

One industry player noted a significant contribution to this revenue. Indodax CEO William Sutanto stated that his company recorded tax payments of Rp907.11 billion, originating from PPh 22 of Rp520.16 billion and VAT of Rp386.95 billion.

He said that tax compliance is an important part of maintaining the sustainability of the crypto ecosystem. “Tax contributions reflect our commitment to fulfilling obligations as a compliant crypto industry player in line with regulations. We view compliance as an essential foundation for the sustainability of the crypto ecosystem in Indonesia,” said William on Friday (10/4/2026).

Looking ahead, the government plans to strengthen supervision and expand the tax base in the digital economy sector, including crypto. This step is expected to increase the industry’s contribution while maintaining more transparent and accountable governance.

Amid this growth, said William, education and collaboration among stakeholders are still needed. “The goal is for investors to understand not only the potential profits but also the attached tax obligations,” he said.