Tax Office Gains Access to Crypto Data, Ultra-Wealthy Under Scrutiny
The Directorate General of Taxes (DJP) is expanding access to taxpayers’ financial information. Whereas previously the data accessed mainly came from financial service institutions such as banks, the tax authority can now also obtain information from crypto asset service providers that act as reporting entities under the Crypto Assets Reporting Framework (CARF).
This provision is set out in Director General of Taxes Circular Letter Number SE-9/PJ/2026, issued by Director General of Taxes Bimo Wijayanto on 16 July 2026.
The regulation affirms that the DJP may obtain financial information either automatically or upon request from financial institutions and crypto asset service providers reporting under CARF.
“The Director General of Taxes is authorised to obtain access to financial information for tax purposes from financial institutions and/or crypto asset service providers reporting under the Crypto Assets Reporting Framework,” the circular letter states.
The data that can be accessed includes the identity of account holders, account numbers, sub-accounts, account types, account opening and closing dates, account balances or values, transaction mutations, transaction locations, and other relevant financial information managed by financial institutions and crypto asset service providers.
Access to this information may be used to support supervision of individual and corporate taxpayers included in the list of analysis targets, supervision priorities, and tax extensification priorities.
Moreover, the scope of supervision may also extend to parties connected to the taxpayer. These include family members within a single tax data unit, company management, taxpayer representatives, shareholders, beneficial owners, and other parties deemed to hold relevant financial information or evidence to support tax compliance supervision.
In the circular letter, the DJP also sets out the criteria for taxpayers who may be targeted for financial information requests. One of these is taxpayers with a high level of non-compliance risk based on the compliance risk management system.
In addition, taxpayers currently under group supervision, individuals categorised as high wealth individuals (HWI) or wealthy persons, prominent public figures, and other priority groups based on DJP supervision policy are also covered by this regulation.
The DJP may also request information on parties that have direct transactional or legal relationships with the taxpayer, including parties that contribute to increasing the taxpayer’s economic capacity.
“This is carried out based on analysis in the course of examination activities showing a sufficient and relevant connection between the related party and the taxpayer,” the DJP wrote in the circular letter.
Furthermore, the information, evidence, and statements obtained from financial data requests are not only used for tax compliance supervision. The data may also be used in the tax collection process.
“Used to support the implementation of tax collection measures, including blocking and/or seizure, in accordance with the provisions of laws and regulations in the field of tax collection,” as stated in the circular letter.
With this new regulation, DJP supervision of taxpayers’ financial activities is becoming increasingly broad, including oversight of crypto asset transactions that have been growing rapidly in Indonesia. This step is also part of the government’s efforts to strengthen tax compliance while expanding the data base to optimise state revenue.