Is Any Tax Charged on Options Transactions on Pluang?
Yes. Every Options transaction on Pluang is subject to income tax (pajak penghasilan), and separately the transaction fee and the JFX fee each carry VAT (PPN) of 11%. Those are two different charges: the income tax attaches to the transaction itself, while the 11% VAT is calculated on the fees charged on that transaction rather than on any profit you make. Pluang itemises the whole breakdown — the transaction amount together with every fee and tax being applied — on the order review screen before you confirm, so the exact figures for your own order are always visible there rather than something you need to work out. Because the amounts scale with your transaction value there is no single fixed figure to quote. For how Options income should be treated in your annual filing, a tax professional is the right person to ask — Pluang documents what is charged on a transaction, not how to declare it.
What is charged on an Options transaction:
- Income tax (pajak penghasilan): applies to every Options transaction on Pluang.
- 11% VAT (PPN) on fees: charged on the transaction fee and on the JFX fee. The VAT is calculated on those fees, not on your profit.
- The transaction fee: 0.3% of the total transaction value, minimum $3.00 per transaction, applied to all users.
- The JFX fee: the Jakarta Futures Exchange's own charge — JFX is where Pluang's Options transactions are recorded. Pluang does not publish a standalone rate for it; the amount appears in your order's fee breakdown.
- Charged on both legs: fees apply when you open a position and again when you close it, so the VAT on those fees applies on both.
- Where to see the exact amounts: the order review screen, before you tap to confirm.
- Filing is out of scope here: how to report Options income in your annual return depends on your circumstances — confirm that with a tax professional or DJP guidance, not an FAQ.
Related questions:
Q: Is the 11% VAT charged on my profit?
No. The 11% VAT (PPN) is calculated on the fees charged on a transaction — specifically the transaction fee and the JFX fee — not on any gain you make. Income tax is the separate charge that attaches to the transaction itself. Because the VAT is applied to the fees rather than to your return, its amount moves with your transaction size, and it appears itemised on the order review screen alongside the fees it is charged on.
Q: What is the JFX fee?
JFX stands for the Jakarta Futures Exchange, which is where Pluang's Options transactions are recorded, and the JFX fee is that exchange's own charge on your transaction. Like Pluang's own transaction fee, it carries 11% VAT. Pluang does not publish a standalone rate for the JFX fee, so treat the fee breakdown on your order review screen as the authoritative figure for the order in front of you rather than estimating it.
Q: Do I pay these charges when I open a position, or only when I close it?
Both. Fees on Pluang Options are charged per transaction, which means opening a position is one charge and closing it is another — and the 11% VAT on those fees applies each time. When you assess whether a trade is worthwhile, count both legs rather than only the entry. The review screen shows the applicable amounts for the specific order you are about to place, on each occasion.
Q: How should I report Options income in my annual tax return?
That falls outside what Pluang's FAQ can answer. Pluang documents what is charged on a transaction; how you declare Options income depends on your total income and personal circumstances. A tax professional, or the Directorate General of Taxes' own guidance, is the right source for a filing decision — do not rely on an FAQ when submitting your annual return. Keep your own record of each transaction and the fees charged on it, since the review-screen breakdown is per order rather than an annual summary.