PANews reported on November 17th that Febrio Kacaribu, Director General of Fiscal Strategy at the Indonesian Ministry of Finance, stated on Monday that Indonesia is finalizing a plan to impose an export tax of 7.5% to 15% on gold products, which is expected to be implemented sometime next year. Speaking at a parliamentary hearing, he said the tax policy is designed to encourage domestic processing by imposing higher tax rates on upstream products and lower rates on processed products. He cited the example of gold ore, where the tax rate would be higher, while that on minted gold bars would be lower. He added that international gold prices would also be a factor in determining the export tax. As for the government's plan to tax coal exports, that is still under discussion.PANews reported on November 17th that Febrio Kacaribu, Director General of Fiscal Strategy at the Indonesian Ministry of Finance, stated on Monday that Indonesia is finalizing a plan to impose an export tax of 7.5% to 15% on gold products, which is expected to be implemented sometime next year. Speaking at a parliamentary hearing, he said the tax policy is designed to encourage domestic processing by imposing higher tax rates on upstream products and lower rates on processed products. He cited the example of gold ore, where the tax rate would be higher, while that on minted gold bars would be lower. He added that international gold prices would also be a factor in determining the export tax. As for the government's plan to tax coal exports, that is still under discussion.
Indonesia plans to impose an export tax of 7.5% to 15% on gold exports by 2026.
PANews reported on November 17th that Febrio Kacaribu, Director General of Fiscal Strategy at the Indonesian Ministry of Finance, stated on Monday that Indonesia is finalizing a plan to impose an export tax of 7.5% to 15% on gold products, which is expected to be implemented sometime next year. Speaking at a parliamentary hearing, he said the tax policy is designed to encourage domestic processing by imposing higher tax rates on upstream products and lower rates on processed products. He cited the example of gold ore, where the tax rate would be higher, while that on minted gold bars would be lower. He added that international gold prices would also be a factor in determining the export tax. As for the government's plan to tax coal exports, that is still under discussion.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Eric Trump bets Fed rate cut will send crypto stocks skyrocketing
Eric Trump is betting big on the fourth quarter. He says if the Federal Reserve cuts rates like everyone’s expecting, crypto stocks are going to rip higher… fast. “I just think you would potentially see this thing skyrocket,” Eric told Yahoo Finance, pointing to the usual year-end momentum in crypto. He says this moment matters […]
Share
Cryptopolitan2025/09/18 00:24
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!
The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
Top 7 Best Apps for Staking Crypto in 2026
SPONSORED POST* As the crypto market moves toward a stronger, utility-driven cycle in 2026, more investors are turning to staking crypto as a reliable way to generate
Share
The Cryptonomist2025/12/12 17:48