Tax Imposition And Legal Enforcement On The Digital Asset Of Non-Fungible Token (NFT)

Abstrak

Non-Fungible Token (NFT) is a token on a blockchain network used as an authentic marker in the ownership of digital creation. Dramatical development of NFT has become one of investment instrument in Indonesia, arises a big question in the matter of tax imposition. The problem of this research is, how is the regulation on tax imposition of NFT as a digital asset and how is the legal enforcement effort if occurs taxpayer deviation on the NFT transaction. The method of this research using qualitative descriptive method by using normative-juridical approach. The result shows that NFT as a digital asset does not have particular provision regarding tax imposition in Indonesia, however concerning the transaction by using cryptocurrency, the tax imposition will be applied in accordance with the Minister of Finance Regulation (PMK) Number 68/PMK.03/2022. In terms of the legal enforcement on the tax payment of NFT transaction may be penalized through administrative sanctions and criminal sanctions based on the law Number 28 the year of 2007 concerning general provision and tax procedures.