THE NEW LOSS RECOUPMENT RULES—GOOD NEWS, BAD NEWS

2006 ◽  
Vol 46 (1) ◽  
pp. 569
Author(s):  
J.H. Murray
Keyword(s):  
At Risk ◽  
Federal Government ◽  
Income Tax ◽  
Oil And Gas ◽  
Bad News ◽  
Good News ◽  
Total Income ◽  
Medium Level ◽  
The Government

The Federal Government has proposed to change the tests to enable companies to recoup losses for tax purposes. There is some good news and some bad news. This paper will discuss the changes and comment on how the changes may impact oil and gas companies.The good news is that the continuity of ownership rules will be changed for widely-held companies from 1 July 2002, to simplify compliance. In essence, stakeholders of less than 10% will be attributable to a single notional entity, making it easier to test whether there has been a sufficient continuity of ownership to pass this test.The bad news is that the government also proposes to remove the same business test for companies whose total income is more than A$100 million. This is proposed to apply to losses incurred in income years commencing on or after 1 July 2005.With oil at US$60 per barrel it is likely there will be a number of oil producers whose income will exceed the A$100 million test, particularly where there has been an accelerated development of the fields. It is also possible given the high costs of exploration and move into production that companies may have undeducted losses for income tax purposes. The problem is that for junior/ medium level producers particularly, equity transactions are not uncommon and the opportunities for breaching the continuity of ownership test are increased. Without access to the same business test these losses may be at risk of being lost permanently.It may be possible to structure an instrument that enables the oil producer to issue paper resembling equity in certain ways, without causing a breach of the continuity of ownership. The paper discusses this and other issues in relation to the proposal.

Traveling the Uncharted Path of Leadership in Federal Anthropology

2005 ◽  
Vol 27 (3) ◽  
pp. 25-28 ◽  
Author(s):  
Marybeth MacPhee ◽  
Suzanne Heurtin-Roberts ◽  
Chris Foster
Keyword(s):  
Health Disparities ◽  
Federal Government ◽  
Bad News ◽  
Good News ◽  
Raising Awareness ◽  
The World ◽  
Anthropological Research ◽  
Government Work ◽  
The Government ◽  
Research And Policy

For those of us who have fantasized over the years that the world would be a better place if anthropologists had a voice in government, there is good news and bad news. The good news is that applied anthropologists working in government settings have succeeded in raising awareness of, and respect for, anthropological ideas beyond the classroom. The bad news is that anthropologists face a long road ahead before the field is ready to exercise this newfound agency in leading the direction of research and policy on social problems. Our recent work on health disparities found that the obstacles we encountered were rooted in the habits of practicing anthropology rather than in any oppressive force of bureaucracy or hierarchy of professional knowledge underlying the structure of the government work context. Anthropology is most comfortable on the margins of both community and debate. Our methods and ethics prioritize the values and desires of the communities with which we work above our own bias; our theories and analyses produce holistic perspectives and cultural criticism rather than definitive stances. Although the position of informed outsider has its advantages in the contexts of anthropological research, it has proven to interfere with our work in the community of the federal government.

scholarly journals ANALISIS PERHITUNGAN DAN PEMOTONGAN PPh PASAL 21 KARYAWAN TETAP PADA PT. TELAGA BAKTI PERSADA TERNATE

2018 ◽  
Vol 14 (1) ◽  
Author(s):  
Linath Masrinah ◽  
Jantje J. Tinangon ◽  
Natalia Y. T. Gerungai
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Vital Role ◽  
Tax Revenue ◽  
Tax Collection ◽  
Descriptive Research ◽  
Directorate General ◽  
The Government ◽  
Permanent Employees ◽  
Oil And Gas Sector

Taxes are an important component for the government in carrying out state activities in Indonesia, since the financing of routine expenditures as well as government development is largely derived from the tax sector. as it is known that tax revenue plays a vital role since the revenue from the oil and gas sector has decreased. The government in this case the Directorate General of Tax (DJP) always wanted to perform the task in terms of collecting tax revenue so that the nation's survival is maintained. Therefore, the Directorate General of Tax (DJP) is trying to get the tax collection in Indonesia on target by always trying to improve the service by updating the rules of tax collection that meet the requirements of justice, juridical, economic, financial and simple. This study aims to analyze the calculation and withholding of Article 21 Income Tax on the salary of PT. Telaga Bakti Persada Ternate whether it is in compliance with the provisions of the Taxation Law. No. 36 of 2008 Income Tax Income. This research uses Descriptive Research Method. The results of the research can be concluded that the calculation and withholding of income tax article 21 Income Tax on permanent employees of PT. Telaga Bakti Persada Ternate has done calculations and deductions in accordance with the provisions of the current law.Keywords: calculation and deduction of income tax PPh article 21, income tax, receipt income tax PPh article 21, accounting, income tax article 21, Tax Regulation.

THE ENVIRONMENT FOR RAISING FUNDS FOR PETROLEUM EXPLORATION IN THE 1990s

1991 ◽  
Vol 31 (1) ◽  
pp. 545
Author(s):  
Mark Epper ◽  
John Charters
Keyword(s):  
Federal Government ◽  
Oil And Gas ◽  
Petroleum Exploration ◽  
Oil Exploration ◽  
Risk Capital ◽  
Investor Confidence ◽  
Oil And Gas Exploration ◽  
Self Sufficiency ◽  
The Government ◽  
Private Investors

Private shareholders' equity has traditionally funded greenfield exploration programs in Australia in the 1980s. In the next decade junior exploration companies will again need to rely on funding from both current and potential shareholders. However, the major difference between the 1980s and the 1990s will be the level of difficulty for companies seeking to raise funds. Recent events have sapped potential investor confidence, particularly private investors, and notably, in oil and gas exploration companies.The recent events in the Middle East and the need for some degree of energy self-sufficiency make investment in oil exploration essential for Australia right now. Exploration requires substantial amounts of risk capital which, at this time, is not flowing from traditional sources. Rather, we are seeing a concentration of ownership in the hands of financial institutions and a handful of producing companies and foreign multinationals. It is essential for the Federal Government to recognise the need to offer further incentives to encourage the private sector to invest in exploration companies. In this paper we suggest that the most effective mechanism for such incentives is through some minor modifications to the Australian taxation system.The oil exploration industry must pursue Government in a co-ordinated manner for assistance in raising funds particularly as the requirement for action is urgent. Industry bodies, such as the Australian Petroleum Exploration Association Ltd (APEA) have recently petitioned the Federal Government with recommendations but the Government has failed to accept these proposals on the grounds that they are inconsistent with present tax policy. If this is the case it is time present policy was changed.Clearly, all exploration companies will take whatever action is possible to raise funds for exploration and not simply look in vain for government salvation by handout. However, in the interests of Australian national security, the government has a responsibility to encourage and foster oil and gas exploration.Since planning for this paper commenced in July 1990, oil prices have leapt from US$18 to approximately US$40 per barrel. Should prices such as these (not experienced since the early 1980s) continue, it will make investment in exploration companies more attractive to all investors while at the same time it will test severely the endurance of the equity market generally.

scholarly journals MODEL NON LINIER GARCH (NGARCH) UNTUK MENGESTIMASI NILAI VALUE at RISK (VaR) PADA IHSG

2015 ◽  
Vol 4 (2) ◽  
pp. 59
Author(s):  
I KOMANG TRY BAYU MAHENDRA ◽  
KOMANG DHARMAWAN ◽  
NI KETUT TARI TASTRAWATI
Keyword(s):  
At Risk ◽  
Value At Risk ◽  
Risk Measure ◽  
Risk Measurement ◽  
Bad News ◽  
Good News ◽  
Investment Risk ◽  
Positive Return ◽  
Is Value

In investment, risk measurement is important. One of risk measure is Value at Risk (VaR). There are many methods that can be used to estimate risk based on VaR framework. One of them Non Linier GARCH (NGARCH) model. In this research, determination of VaR used NGARCH model. NGARCH model allowed for asymetric behaviour in the volatility such that “good news” or positive return and “bad news” or negative return. Based on calculations of VaR, the higher of the confidence level and the longer the investment period, the risk was greater. Determination of VaR using NGARCH model was less than GARCH model.

Soldiers at Risk for Individual Readiness or Morale Problems during a Six-Month Peacekeeping Deployment to the Sinai

2000 ◽  
Vol 87 (2) ◽  
pp. 623-633 ◽  
Author(s):  
Walter R. Schumm ◽  
D. Bruce Bell
Keyword(s):  
At Risk ◽  
Longitudinal Data ◽  
Outcome Measures ◽  
Bad News ◽  
Good News ◽  
Magic Bullet ◽  
Family Issues ◽  
Leadership Success ◽  
Overseas Deployment ◽  
Positive Effect

Longitudinal data were examined to predict soldiers' morale, satisfaction with Army life, and the effects of family issues on performance of duties during an overseas deployment (Sinai peacekeeping force during the spring of 1995). Few variables were significant predictors of the outcome measures; however, rank, leaders' support for families, prior satisfaction with Army life and with information released about the deployment appeared to predict better outcomes during the deployment. Rank and leaders' support for families appeared to be more important for married soldiers while satisfaction with predeployment information seemed to be more important for single soldiers. Those who were worried about the effects of the deployment on their families also tended to report interference with their duty performance because of family concerns, but that effect was offset by perceived leaders' concern for families. In conclusion, it appears to the authors that the pre-existing factors studied had much less to do with deployment outcomes than did leadership success before and during the deployment. That's good news for Army leaders about their power to have a positive effect on soldiers' morale during overseas deployments but may be bad news for anyone hoping to find a “magic bullet” for pre-identification of soldiers most likely to retain high morale, regardless of their leadership's competence during an overseas deployment.

Strategic Disclosures of Litigation Loss Contingencies When Customer-Supplier Relationships Are at Risk

2017 ◽  
Vol 93 (2) ◽  
pp. 137-159 ◽  
Author(s):  
Ling Cen ◽  
Feng Chen ◽  
Yu Hou ◽  
Gordon D. Richardson
Keyword(s):  
At Risk ◽  
Supply Chain ◽  
Repeated Game ◽  
Bad News ◽  
Good News ◽  
Supplier Relationships ◽  
Strategic Disclosure ◽  
Disclosure Patterns ◽  
Jel Classifications

ABSTRACT In the presence of litigation-facing suppliers, the supply chain relationship is at risk. Suppliers with principal customers (dependent suppliers) have a higher concentration of sales to customers, and they are more at risk relative to suppliers without principal customers (non-dependent suppliers). As a result, we predict and find that litigation disclosure patterns differ for the two supplier types: dependent suppliers are more likely to delay bad news and accelerate good news related to litigation outcomes, compared to non-dependent suppliers. Such strategic disclosure patterns in our end-game setting are opposite to those documented in the existing supply chain literature for the repeated-game setting (for example, Hui, Klasa, and Yeung 2012). JEL Classifications: M41; M48; K22.

scholarly journals ANALISIS PRO DAN KONTRA PENERAPAN PERATURAN PEMERINTAH NO. 46 TAHUN 2013 TERHADAP USAHA MIKRO, KECIL DAN MENENGAH (UMKM)

2018 ◽  
Vol 2 (1) ◽  
pp. 18-26
Author(s):  
Haviz Taufik
Keyword(s):  
Income Tax ◽  
Government Regulation ◽  
Oil And Gas ◽  
Small And Medium Enterprises ◽  
National Development ◽  
Advantages And Disadvantages ◽  
State Revenue ◽  
Tax Revenues ◽  
The Government ◽  
Oil And Gas Sector

Tax is also the main source of state revenue, where taxes contribute more than 78% of total state income. The dominance of taxes as the main source of state revenue is no longer from the oil and gas sector, but rather focuses on tax revenues from the non-oil and gas sector because tax revenues from non-oil and gas sources will not run out or have an age limit and play a major role in national development. One of the tax revenues from the non-oil and gas sector is UMKM tax. In July 2013, the Government of Indonesia just issued a Government Regulation (PP) No. 46 which regulates the tax on Micro, Small and Medium Enterprises (UMKM). This tax aims to provide convenience to UMKM to calculate the tax due at the end of the year and is a final tax. Many pros and cons of the issuance of PP No. 46 of 2013, because there are some UMKM who feel disadvantaged and there are also those who benefit from the application of this PP. Therefore the author analyzes what are the advantages and disadvantages of applying PP No. 46 of 2013 on UMKM?  After analyzing these problems, the authors concluded that the application of Government Regulation No. 46 of 2013 caused more losses than profits for UMKM because there are still many UMKM that have net profits below 8% and will pay greater taxes, Imposing Income Tax at a rate of 1% based on the amount of turnover not in accordance with the principle of income tax, not in accordance with the provisions of article 25 paragraph (7) letter c of Law No. 36 of 2008 concerning Income Tax, can trigger the emergence of jealousy from other entrepreneurs, and not in accordance with the concept of justice in taxation because it does not reflect the ability to pay.

scholarly journals Ex-Offender Reintegration and Sustained Peace in the Niger Delta Region of Nigeria: Adopting a Socio-Economic Change Model Approach

2019 ◽  
Vol 12 (18) ◽  
pp. 47-56
Author(s):  
Benjamin A. Ubleble ◽  
John M. Agomoh ◽  
Anthony Chovwen
Keyword(s):  
Federal Government ◽  
Niger Delta ◽  
Evaluation System ◽  
Oil And Gas ◽  
Monitoring And Evaluation ◽  
Armed Conflicts ◽  
Delta Region ◽  
Niger Delta Region ◽  
Oil And Gas Resources ◽  
The Government

AbstractThe Niger Delta of Nigeria rich in oil and gas resources has been plagued with series of armed conflicts characterised by massive youth restiveness. The peaceful coexistence of people in the region is often affected by the nature of oil and gas business determined by the political economy of the Nigerian state. By the statute of the Federal system of Government in Nigeria, all resources within the territorial boundary of the country belong to the Federal Government. The Government then pays a certain 13% derivation fund to the resource bearing states for development. The Federal Government equally sees to the development of the region through its statutory Agencies such as the Niger Delta Development Commission. All these efforts are yet to bring about infrastructural development and human capacity needs of the region. A consequence of this is the armed militancy and cult related violence that has engulfed the region. In this paper, an attempt is made to analyse the socioeconomic requisitions of a reintegration programme for ex-offenders seeking re-entry into mainstream society. An interventionist approach is recommended with effective monitoring and evaluation system for a socioeconomic reintegration of ex-offenders in the Niger Delta region of Nigeria.

Canadian budget will constrain future governments

2015 ◽  
Keyword(s):  
Financial Crisis ◽  
Small Business ◽  
Federal Government ◽  
Income Tax ◽  
Content Type ◽  
Percentage Points ◽  
Balanced Budget ◽  
Business Income ◽  
The Government ◽  
Run Up

Significance This is Canada's first balanced budget since the 2008-09 financial crisis, but had been delayed by about two months. This was ostensibly due to the government's need to recalibrate projections after the drop in the price of oil but probably also as a means of creating a more favourable calendar in the run-up to the 2015 general election, scheduled for October 19. Impacts Balancing the budget will allow the federal government to present promised legislation requiring balanced budgets in the future. This will hinder future, less fiscally conservative, governments in implementing their agendas. The government will lower the small business income tax level by 2 percentage points over the next four years. The government's increase in spending on defence and security represents a reversal of the trajectory of recent years.

scholarly journals THE ASYMMETRIC VOLATILITY OF THE ISLAMIC CAPITAL MARKET DURING THE COVID-19 PANDEMIC

2021 ◽  
Vol 7 ◽  
Author(s):  
Achmad Nurdany ◽  
Muhammad Hanif Ibrahim ◽  
Muhammad Fathul Romadoni
Keyword(s):  
Capital Market ◽  
Bad News ◽  
Good News ◽  
Stock Index ◽  
Asymmetric Volatility ◽  
Future Value ◽  
Variance Equation ◽  
The Government ◽  
News Effect ◽  
Parameter Coefficient

This study attempts to identify the existence of asymmetric volatility in the Islamic capital market in Indonesia during the Covid-19 pandemic. The paper employs the symmetric analysis of the GARCH (1,1) model and the asymmetric analysis of the TGARCH (1,1) model in order to identify Islamic capital market behaviour duringthe first 200 days after the first Covid-19 cases were confirmed. We used the daily closing prices of the Indonesia Sharia Stock Index (ISSI). The symmetric analysis of the GARCH (1,1) model revealed that the current value of return on the ISSI does not have a significant impact on its future value. On the other hand, the TGARCH (1,1) model showed that the asymmetric parameter coefficient was positive and statistically significant. Good news and bad news does not have the same level of impact on the volatility of returns on the ISSI. Furthermore, coefficients αi and γi in the variance equation indicate that good news has a higher volatility impact than bad news. The results indicate that investors should not to worry about the bad news effect of theCovid-19 pandemic, while the government should continue the mitigation of the spread of the coronavirus along with its economic recovery policy.

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