New Regulation Exempts Small Gold Bullion Purchases from Tax in Indonesia Starting August 2025
From August 1, 2025, people who buy gold bullion from approved Bullion Banks in Indonesia will pay a lower tax. The Ministry of Finance sets a rule that gold bullion deals at or below IDR 10 million (about USD 660) will not have the old 0.25% tax under ITA 22. This rule makes tax simpler and cuts extra costs for buyers and small traders.
Background: Addressing Overlapping Taxation in Gold Trading
Indonesia has banks and traders that work with gold. In the past, taxing gold under ITA 22 meant two rules hit the same deal. A seller withheld a 0.25% tax, and the bullion bank held another tax of 1.5% at the same time. These repeated taxes made work hard for both sellers and buyers. The new rules fix this issue. They work with the 2023 Financial Sector Strengthening Law (Law Number 4 of 2023) to clear the tax rules.
Details of the New Tax Regulations: PMK 51/2025 and PMK 52/2025
The Ministry of Finance made two rules—PMK Number 51 and PMK Number 52 of 2025—that start on July 26, 2025. – PMK 51/2025 names Bullion Financial Institutions (LJK Bullion) as agents for ITA 22 on gold deals. It sets a 0.25% tax on imported gold deals above IDR 10 million. Deals under that amount do not pay the tax.
- PMK 52/2025 covers gold trading broadly. It removes the ITA 22 tax for several sales types. These include sales by businesses to end buyers, sales by MSMEs under the final tax plan, sales by holders of a Certificate of Exemption for ITA 22, sales to Bank Indonesia, digital gold trades, and trades made by LJK Bullion.
Together, these rules mean that everyday gold bullion purchases under IDR 10 million will not get the ITA 22 tax. When a deal exceeds that amount, the 0.25% tax remains.
Implications for Investors and the Bullion Market
This tax break may spur more people to invest in gold. It cuts costs on small buys and eases work for bullion traders. The rule can bring more clear, quick steps to gold trading.
Looking Ahead
Gold stays popular as an investment. The clearer tax rule may boost the market and bring new tech trends in asset trades. Stakeholders in bullion and finance will watch how this rule shapes buying habits and market flow.
—
📝 About This Article
This article was generated by Hivebox AI in collaboration with AuCan Gold.
—
⚠️ Disclaimer
This content is for informational purposes only and does not constitute financial or investment advice.
Please consult with a qualified financial advisor before making any decisions related to investments, markets, or assets.
—
Note on Accuracy & Liability
While we strive to provide accurate and up-to-date information, neither Hivebox AI nor AuCan Gold guarantees completeness, reliability, or suitability.
Use this content at your own risk. Neither party assumes liability for any losses you may incur.
—
Thank you for reading.
