The Indonesian Ministry of Finance has issued Regulation No. 51/2025 (PMK 51/2025), a pivotal piece of legislation that redefines the tax landscape for gold bullion in Indonesia. Effective from August 1, 2025, this regulation fundamentally alters the calculation and collection of Income Tax (PPh) Article 22 for gold bullion imports. For businesses operating in this sector, understanding the details is no longer optional—it is a critical necessity.
Key Changes in PMK 51/2025
This new regulation was created to provide legal certainty, fairness, and administrative ease in the bullion industry. Here are the most crucial points you need to know:
- Uniform and Final PPh Article 22 Tariff: PMK 51/2025 establishes a PPh Article 22 tariff of 0.25% of the import value for gold bullion. This is a significant change from previous regulations, where the PPh 22 tariff for imported goods generally depended on whether an importer had an Importer Identification Number (API), with rates of 2.5% for API holders and 7.5% for non-API holders. This uniform 0.25% tariff provides clarity and predictability for all gold bullion importers.
- Removal of Export Tax Exemption: Previously, the import of gold bullion intended for processing into jewelry for export was exempt from PPh Article 22. PMK 51/2025, however, has removed this exemption. This means that all gold bullion imports, regardless of their final destination (domestic market or for export), are now subject to the 0.25% PPh 22.
- Non-Final Tax Nature: Although this PPh is collected upfront, it is considered non-final. This means the PPh Article 22 paid during the import process can be credited against the company’s annual PPh tax return.
- Designated Tax Collectors: The collection of PPh Article 22 on gold bullion imports will be carried out by a Devisa Bank or the Directorate General of Customs and Excise. This centralizes and structures the collection mechanism.
Implications for Businesses and the Importance of Accurate Tax Management
These changes have direct implications for importers, manufacturers, and traders of gold bullion. While the tariff may seem low, the high volume of transactions makes tax calculation and reporting a complex task. Every import transaction must be accurately recorded, its tax calculated, and the payment reported to avoid penalties.
This is where the role of tax technology solutions becomes vital. Companies need a reliable system to manage these tax obligations efficiently.
Accura: The Solution for Navigating Gold Bullion Tax Complexity
To meet this new challenge, companies can leverage integrated solutions like Accura. As a tax software and service provider, Accura can help automate complicated processes, including:
- Import Data Integration: Accura can integrate with a company’s accounting or customs systems to automatically pull gold bullion import data, ensuring the 0.25% PPh 22 calculation is accurate for every transaction.
- Withholding Tax Slip Generation: The solution assists in creating accurate PPh Article 22 withholding slips in the format required by the Directorate General of Taxes (DJP), including through the e-Bupot Unifikasi application.
- Tax Credit Management: Accura can track the PPh 22 that has been collected, making it easy for companies to credit it against their annual PPh tax returns. This helps prevent unnoticed overpayments.
- Regulatory-Compliant Reporting: With continuous updates to regulations, Accura ensures your tax reporting system is always up-to-date, allowing your company to meet its tax obligations in accordance with the latest PMK.
With the significant changes in PMK 51/2025, tax management is no longer just about compliance but also about business strategy. Having the right tools like Accura can be a valuable asset to ensure efficient compliance and avoid potential tax risks.