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Friday, October 16, 2026

Indonesia to start crypto tax data exchange under OECD CARF in 2027

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Jakarta (ANTARA) - Indonesia will begin exchanging cross-border tax information on crypto-assets starting in 2027 under a framework developed by the Organisation for Economic Cooperation and Development (OECD), as the government tightens oversight of the rapidly expanding digital economy.

The move is part of the government’s broader strategy to enhance tax transparency and strengthen international cooperation in supervising the cross-border digital economy, according to Deputy Finance Minister Nurkholisoh Ibnu Aman.

"Indonesia has adopted the OECD’s Crypto-Asset Reporting Framework (CARF), which enables tax authorities to exchange information across borders. The first exchange of information will take place in 2027," Nurkholisoh said during an international seminar held at the Directorate General of Taxes headquarters in Jakarta on Thursday.

He noted that the rapid expansion of the digital economy has accelerated international capital flows and crypto-asset transfers, which have often outpaced the evolution of global tax information exchange mechanisms.

Consequently, multi-jurisdictional collaboration among tax authorities has become essential to ensure equitable tax enforcement on digital economic activities involving both businesses and consumers across borders.

Nurkholisoh added that the implementation of CARF in Indonesia will strictly prioritize data accuracy, IT system security, and compliance with existing legal frameworks.

The regulatory push comes as digital asset participation in the country reaches unprecedented levels.

As of August 2026, Indonesia recorded more than 23 million digital asset consumer accounts—underscoring the urgent need for clear regulatory standards for both investors and industry players.

To maintain robust institutional oversight, the government has established clear operational domains among regulatory bodies, including Bank Indonesia to maintain sole oversight over national payment systems, the Financial Services Authority (OJK) to supervise crypto-asset trading and market activity; and the Finance Ministry to formulate and enforce national tax policies.

The government aims to build a transparent, fair, and accessible regulatory environment that balances public certainty with enhanced tax compliance amid the ongoing growth of the digital economy.

“Good outcomes are achieved when institutions work together, and this becomes increasingly important in the digital era,” Nurkholisoh added.

Related news: Indonesia shares bureaucracy simplification strategy at OECD forum

Related news: Indonesia targets OECD accession within two years

Translator: Imamatul Silfia, Yashinta Difa
Editor: Rahmad Nasution
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