Indonesia tax chief gives no timeline for gold ETF incentives
Bimo Wijayanto said he needed to check the status of discussions, including whether gold ETFs could receive a tax exemption.
Indonesia’s director general of taxes, Bimo Wijayanto, could not confirm the progress of discussions on tax incentives for gold exchange-traded funds (ETFs) when questioned on 15 October 2026. He gave no details on what form any relief might take or when it might apply.
Speaking to reporters at the Directorate General of Taxes headquarters, Bimo said he would need to check whether there had been developments on the incentives previously raised by the government. That included the possibility of a tax exemption for gold ETFs.
Separately, Bimo cited information from the director general of customs and excise indicating that Indonesia’s gold exports had approached 500 kilograms. He viewed that as a positive sign for trade, but said he did not have data on domestic purchases of gold derivatives.
ETFs trade on an exchange and are designed to track an asset or index. Gold ETFs offer exposure to gold price movements without requiring investors to purchase and store physical gold.
