Bitocto Help Center

Crypto Tax Information

Hi Bitoctonians

In connection with the new regulations related to the taxation of Crypto Assets Trading through PMK 68 / 2022, Bitocto as PPMSE (Electronic System Trade Organization) is required to collect VAT (PPn) & Final Income Tax (PPh). 

The things that needs to be considered are as follows: 

  1. PPn & PPh collection will be carried out starting from May 1, 2022.
  2. Collection and payment of tax will be carried out by Bitocto.
  3. Trading fees will be adjusted based on the tax rate nominal deduction based on PMK 68 / 2022 namely 0.11% (PPn) for buyers & 0.1% (PPh) for sellers. 
  4. Bitocto will make the necessary deductions and post deduction payments to the tax authority.
  5. Proof of deductions can be downloaded after further technical regulations have been issued by DJP (Central Tax Authority).
  6. PPn & PPh are automatically collected and deducted by Bitocto, customers do not need to worry about additional fees for buying/selling Crypto assets. 
  7. The tax rate is subject to change at any time following the ongoing development of DJP regulations.  

Should you have any further inquiries, please contact our customer service via e-mail at [email protected] or you can contact us via our official Whatsapp: +6287798886840 or +6287722889488.

Happy Trading Bitoctonians! 

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