Jakarta. The Finance Ministry's Tax Directorate has confirmed it will enforce the amended Common Reporting Standard (Amended CRS) to strengthen global tax transparency, starting with the 2026 reporting year. Data collected under the new rules will be exchanged with partner jurisdictions in 2027.

The Amended CRS broadens the scope of automatic financial information exchange to reflect  changes in digital finance. Indonesia joined AEOI in 2018 under the OECD-developed CRS. With the latest update, reporting will now cover electronic money products, crypto assets, and central bank digital currencies.

Indonesia signed the addendum to the CRS Multilateral Competent Authority Agreement in November 2024, reinforcing its commitment to cooperation with OECD partners.

Under the revised standard, financial institutions must declare new categories of financial accounts, record controlling persons of entities, check the validity of self-certification, and include joint account information, including the number of account holders.

Officials stressed the Amended CRS is designed not to overlap with the Crypto-Asset Reporting Framework (CARF), allowing digital asset reporting to be consolidated without duplication.

The government is now drafting a new regulation to replace Finance Ministry Regulation No. 70/2017 (last amended by Regulation No. 47/2024) so it aligns with the updated OECD standard.

The tax authority urged financial institutions to upgrade internal systems early to avoid compliance delays.

“Institutions must prepare now for the era of global reporting on digital finance,” the directorate said in its statement on Tuesday.

Indonesia’s digital economy continues to contribute strongly to state revenues. Between January and September 2025, the government collected Rp 10.21 trillion in taxes from the digital sector, including:

1. Rp 7.6 trillion from VAT on electronic commerce
2. Rp 621.3 billion from crypto taxes
3. Rp 1.06 trillion from fintech (peer-to-peer lending)
4. Rp 931.12 billion from procurement information system tax (SIPP)

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