Crypto Asset Miner

A crypto asset miner is a party that renders verification services for transactions on a blockchain network and receives compensation in the form of block rewards (newly minted crypto assets) or transaction fees. Under MoF Regulation No. 50 of 2025, verification services rendered by miners are classified as Taxable Services (JKP) and are subject to a specific-rate VAT of 2.2% of the converted value of crypto assets received. From tax year 2026, mining income is no longer collected via the 0.1% final PPh Article 22 mechanism; it is taxed under general PPh rates per Article 17 of the Income Tax Law: progressive 5 to 35 percent for individuals and a flat 22 percent for entities. The miner scope covers proof-of-work miners (Bitcoin), active proof-of-stake validators, and mining pool operators.

This article is for education, not tax advice.

Example

A Bitcoin miner in Banten receives a block reward worth IDR 50 million at conversion value in March 2026. The miner must recognize IDR 50 million as gross income and include it in the general PPh calculation in the annual return (Form 1770). On the verification services rendered, a 2.2% specific-rate VAT of IDR 1.1 million is due if the miner is a registered PKP.

Source: MoF Reg 50/2025, PPh Law Article 17, VAT Law Article 3A