Jakarta, Aug. 1 -- The Indonesian government will levy Article 22 income tax of 0.25 percent on gold bullion purchases made by bullion banks starting Friday (August 1, 2025) to streamline taxation.

The policy will apply to both domestic gold transactions and imports, while end consumers will be exempt.

The policy has been outlined in the Minister of Finance's Regulation (PMK) No. 51 of 2025 and PMK No. 52 of 2025, which were enacted on July 28.

At a media briefing in Jakarta on Thursday, director general of taxes at the ministry, Bimo Wijayanto, informed that the regulations aim to prevent overlapping tax collections on gold transactions conducted by bullion banks.

Earlier, there was no specific regulation governing Article 22 income ...