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Indonesia plans to impose an export tax of 7.5% to 15% on gold exports in 2026.
PANews, November 17th news, Febrio Kacaribu, the Director General of Fiscal Strategy of 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 will be implemented sometime next year. He mentioned during a congressional hearing that the design of this tax policy aims to impose higher tax rates on upstream products and lower tax rates on processed products to encourage domestic processing. He cited that the tax rate on gold ore would be higher, while the tax rate on minted gold bars would be lower. He also added that international gold prices will be a factor in determining the export tax. As for the government's plan to tax coal exports, it is still under discussion.