What Taxes Are Deducted from My Staking Rewards?
Under the prevailing tax rules, two deductions are taken from your gross staking rewards before they reach you: TDS (Tax Deducted at Source) and VAT (Value Added Tax / PPN). At the current rates these are TDS at 5% and VAT at 0.11%, both applied to the gross daily reward during the accrual calculation rather than at payout. Because of that, the amount you see accumulate in your dashboard, and the net reward distributed every Tuesday, is already after tax — there is no further deduction at the point of distribution. Pluang withholds these amounts and remits them to the Indonesian tax authority (DJP) on your behalf, so you do not have to pay them separately. The rates apply uniformly to all users regardless of account type, and because tax rules can change over time, treat the specific percentages as current figures set by regulation rather than fixed rates. For how staking income affects your own filing, consult a tax professional.
- Two deductions, applied to the gross reward. TDS and VAT/PPN are both calculated on the gross daily reward, not on your staked principal. TDS is an income-tax withholding at source; VAT/PPN is a value-added tax. Together they are the only tax deductions Pluang applies to staking rewards.
- Deducted during accrual, not at payout. The deductions happen when the daily reward accrues, so what accumulates toward your weekly distribution is already the net figure. The Tuesday distribution deposit is post-tax; there is no separate tax line on the distribution itself.
- Current rates, per prevailing regulation. At present the rates are TDS 5% and VAT/PPN 0.11%. These are set by regulation and can be revised over time, so read them as the current applicable figures rather than permanent fixed rates. The app and Pluang's tax disclosures reflect the rates in force.
- Remitted to DJP on your behalf. Pluang withholds the TDS and VAT from your rewards and remits them to the Indonesian tax authority (DJP) for you, so the amounts are handled at source rather than being something you calculate and pay yourself.
- Same for everyone. The staking-reward tax rates apply uniformly to all users, regardless of whether the account is Regular or Pluang+. Account tier changes your reward rate, not your tax rate.
- Effect on your yield, and record-keeping. Any APR or APY shown in the app is a gross figure before these deductions, so your actual take-home is slightly lower. Pluang does not currently issue a formal staking-reward tax certificate, so keep your own record of the weekly distributions if you need documentation for personal reporting.
Tax deduction breakdown (current rates):
| Tax | Rate | Applied to |
|---|---|---|
| TDS (Pajak Penghasilan Final) | 5% | Gross daily reward |
| VAT / PPN | 0.11% | Gross daily reward |
| Net reward | = Gross − TDS − VAT | Credited to your accrued rewards |
Related questions:
Q: Do I need to report staking rewards on my personal tax return?
Pluang deducts TDS and VAT from your rewards and remits them to the tax authority (DJP) on your behalf, so the withholding is already handled at source. Whether you also need to report the income on your personal return depends on your own tax situation, which Pluang cannot determine for you. Keep your weekly distribution records, and consult a tax professional for guidance on your specific filing obligations.
Q: Is the APY shown in the app before or after tax?
The APR or APY shown in the app is a gross figure, before the TDS and VAT deductions. Your actual take-home yield after those deductions will be slightly lower than the headline rate. Bear in mind, too, that any advertised rate is an estimate that varies with network conditions rather than a guaranteed return, so the displayed figure is indicative both before and after considering tax.
Q: Are the tax rates on staking rewards the same for all users?
Yes. Under the prevailing rules the same rates apply to every user, regardless of account type — Regular and Pluang+ users are taxed identically on staking rewards. Your account tier can affect the reward rate you earn, but not the tax deducted from those rewards. The deductions are applied the same way across the board, during the daily accrual calculation, before the weekly distribution.
Q: Does Pluang provide a tax certificate or statement for staking rewards?
Not at present. Pluang does not currently issue a formal staking-reward tax statement or certificate. Your weekly reward-distribution entries in transaction history serve as your record of the reward income received and the net amounts credited. If you need documentation for personal reporting, keep your own record of those distributions, and speak to a tax professional about what is sufficient for your situation.
Q: Could the staking-reward tax rates change in future?
Yes. The rates are set by prevailing regulation and can be revised over time, so the 5% TDS and 0.11% VAT figures should be read as the current applicable rates rather than fixed, permanent ones. If the rules change, the deductions applied to your rewards would follow the updated rates, and Pluang's tax disclosures would reflect them. For the treatment that applies to your own rewards, check the current in-app disclosures and consult a tax professional.