Jakarta Plans 2026 Gold Export Tax of Up to 15%
Indonesia plans to implement an export tax on gold products ranging from 7.5% to 15% starting in 2026. The tax will apply higher rates to upstream products like gold dore and lower rates to processed goods to promote domestic value-added processing. Global gold prices will influence the tax levels, according to Febrio Kacaribu, the finance ministry's director general of fiscal strategy.
Indonesia is finalising a plan to impose an export tax of 7.5% to 15% on shipments of gold products, which is expected to take effect sometime next year, a senior finance ministry official said on Monday, as reported by Reuters.
The tax structure is being designed so that higher rates apply to upstream products and lower rates to processed goods to encourage domestic value-added processing, Febrio Kacaribu, the ministry's director general of fiscal strategy, told a parliamentary hearing.
He cited an example of a higher rate for gold dore, bars, or ingots containing impurities, and a lower rate for minted bars.
Global gold prices will also influence the tax levels, he added.
