Mahkatop
Mahkatop — The price of gold bullion from PT Aneka Tambang Tbk (Antam) surged significantly on Wednesday, July 17, 2024.
According to data from the Logam Mulia website, Antam gold prices increased by IDR 17,000 per gram to IDR 1,420,000 per gram. Previously, on Tuesday, July 16, 2024, the gold bullion price was IDR 1,403,000 per gram.
The buyback price of gold bullion today is IDR 1,287,000 per gram.
Sale transactions are subject to tax deductions in accordance with PMK No. 34/PMK.10/2017. Gold bullion buybacks to PT Antam Tbk for amounts exceeding IDR 10 million are subject to a 1.5 percent Income Tax (PPh 22) for taxpayers with a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders. The PPh 22 on buyback transactions is deducted directly from the total buyback value.
Antam Gold Bullion Prices on Wednesday, July 17, 2024:
– 0.5 gram: IDR 760,000
– 1 gram: IDR 1,420,000
– 2 grams: IDR 2,780,000
– 3 grams: IDR 4,145,000
– 5 grams: IDR 6,875,000
– 10 grams: IDR 13,695,000
– 25 grams: IDR 34,112,000
– 50 grams: IDR 68,145,000
– 100 grams: IDR 136,212,000
– 250 grams: IDR 340,265,000
– 500 grams: IDR 680,320,000
– 1,000 grams: IDR 1,360,600,000
Tax Policy:
Gold bullion buybacks to PT Antam Tbk for amounts exceeding IDR 10 million are subject to a 1.5 percent Income Tax (PPh 22) for NPWP holders and 3 percent for non-NPWP holders. The PPh 22 on buyback transactions is deducted directly from the total buyback value.
For gold bullion purchases, according to PMK No. 34/PMK.10/2017, PPh 22 is applied at a rate of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Each gold bullion purchase comes with a PPh 22 tax receipt.
This price increase reflects the dynamic market conditions and rising demand for precious metals as a safe investment asset amid global economic uncertainties. For investors, it is crucial to monitor price movements and applicable tax policies to make informed investment decisions. (*)
