The Indonesian Express
The price of Antam gold, as monitored from the Logam Mulia website on Tuesday (June 24), has decreased by Rp10,000, from Rp1,942,000 to Rp1,932,000 per gram. Additionally, the buyback price for gold bars has also fallen to Rp1,776,000 per gram. Sales transactions are subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017. For the resale of gold bars to PT Antam Tbk exceeding Rp10 million, a 1.5 percent Income Tax (PPh) Article 22 is applied for taxpayers with a Tax Identification Number (NPWP) and 3 percent for those without. The PPh 22 on buyback transactions is deducted directly from the total buyback value. The following are the prices of gold bullion as recorded on the Logam Mulia Antam website on Tuesday: - Price of 0.5 grams of gold: Rp1,016,000. - Price of 1 gram of gold: Rp1,932,000. - Price of 2 grams of gold: Rp3,804,000. - Price of 3 grams of gold: Rp5,681,000. - Price of 5 grams of gold: Rp9,435,000. - Price of 10 grams of gold: Rp18,815,000. - Price of 25 grams of gold: Rp46,912,000. - Price of 50 grams of gold: Rp93,745,000. - Price of 100 grams of gold: Rp187,412,000. - Price of 250 grams of gold: Rp468,265,000. - Price of 500 grams of gold: Rp936,320,000. - Price of 1,000 grams of gold: Rp1,872,600,000. The tax deduction on the purchase price of gold is in accordance with PMK Number 34/PMK.10/2017, where the purchase of gold bullion is subject to PPh 22 at a rate of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Each purchase of gold bullion is accompanied by a PPh 22 tax deduction certificate.