Peer Review of the Automatic Exchange of Financial Account Information 2021

2021 ◽  
Author(s):  
Keyword(s):  
Peer Review ◽  
Financial Account ◽  
Account Information

scholarly journals A Comparative Study on Automatic Financial Exchange between Indonesia and Malaysia

Rechtsidee ◽  
2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Bambang Sugeng Ariadi Subagyono ◽  
Agus Yudha Hernoko ◽  
Zahry Vandawati Chumaida
Keyword(s):  
Law Enforcement ◽  
Information Exchange ◽  
Information Access ◽  
Competent Authority ◽  
Financial Information ◽  
Banking And Finance ◽  
Financial Account ◽  
Inland Revenue ◽  
Account Information ◽  
One Year

Taxpayer data and information from banking and finance institution could be guidance on any development. Therefore, it could be a corrective act to do the law enforcement on increasing Inland Revenue. Financial information exchange regarded to tax interests, besides by demanding way also could automatically way done (Automatic Exchange of Financial Account Information/AEol). Indonesia commitment was manifested by Multilateral Competent Authority Agreement signed after AEOI on 3rd June 2015. Indonesia agreed to start the financial information exchange automatically on September 2018. The followed-up Indonesia government commitment was on 8th May 2017. It had approved the financial information access no.1 2017 legislations as to tax interests. Then, one year later was set to be no.9 2017 legislations.

Pakistan: Economy under Elites – Tax Amnesty Schemes, 2018

2019 ◽  
Vol 10 (2) ◽  
Author(s):  
Muhammad Ashfaq Ahmed
Keyword(s):  
Political Economy ◽  
Economic Status ◽  
Pleasure Principle ◽  
Tax Amnesty ◽  
Financial Account ◽  
The Supreme Court ◽  
Account Information ◽  
Offshore Bank ◽  
Reality Principle

Abstract The purpose of the paper is to take an incisive glimpse into Pakistan’s political economy through the lens of a tax policy abnorm i.e. the tax amnesty scheme, 2018. The paper is theoretically anchored in the elitist framework which arguably best explains structural composition of the economy. The paper refines the elitist framework, accentuates its significance, and innovates on it to induct the competing Freudian concepts of “pleasure principle” and “reality principle” to sharpen our understanding of Pakistan’s political economy. It is argued that impending inflows of offshore bank and financial account information of Pakistan resident persons under the OECD’s Multilateral Convention was the main dynamic of the amnestization initiative in which the Supreme Court of Pakistan played the role of the agent provocateur. The empirical results obtained help conclude that the amnestization initiatives have helped proliferate underground economy, and enhance the elitist economic status quo in Pakistan.

scholarly journals Legislation of Law Number 9/2017 as Indonesia's Commitment to Automatic Exchange of Financial Information and Comparison to Malaysia’s Commitment

2019 ◽  
Vol 8 (9) ◽  
pp. e21891237
Author(s):  
Bambang Sugeng Ariadi Subagyono
Keyword(s):  
Information Exchange ◽  
Information Access ◽  
Competent Authority ◽  
Financial Information ◽  
Banking And Finance ◽  
Financial Account ◽  
Exchange Information ◽  
Different Types ◽  
Inland Revenue ◽  
Account Information

Taxpayer data and information of banking and finance institutions are useful for guidance in giving prediction on any kind of development.  A corrective act must be taken as an effort of law enforcement within taxation sector and to increase the Inland Revenue. Financial information exchange concerning on tax interests can be done by both demand and automatic way (Automatic Exchange of Financial Account Information/AEol). This study aimed to know the urgency of Legislations of Law Number 9/2017 as the country allowance increasing effort and how Malaysia's Commitment to Implement Automatically Exchange Information Relating to Financial Accounts (AEoI). Using descriptive qualitative as the methodology, the result showed that Indonesia proved the commitment by signing Multilateral Competent Authority Agreement after AEoI and agreed to start the automatic financial information exchange. It has approved on the Legislation Number1/2017 on financial information access as tax interests which then changed to Legislation Number 9/2017 a year later. Meanwhile, in comparison, Malaysia’s commitment to the AEoI has signed some agreements and committed to exchange information with respect to different types of accounts opened and maintained by the Malaysian financial institutions.

An empirical review of gambling expansion and gambling-related harm

2018 ◽  
Vol 64 (5-6) ◽  
pp. 295-306 ◽  
Author(s):  
Debi A. LaPlante ◽  
Heather M. Gray ◽  
Pat M. Williams ◽  
Sarah E. Nelson
Keyword(s):  
Literature Review ◽  
Peer Review ◽  
Empirical Data ◽  
Empirical Studies ◽  
Expansion Method ◽  
Responsible Gambling ◽  
Review Literature ◽  
Evidence Based ◽  
Empirical Comparison ◽  
Related Harm

Abstract. Aims: To discuss and review the latest research related to gambling expansion. Method: We completed a literature review and empirical comparison of peer reviewed findings related to gambling expansion and subsequent gambling-related changes among the population. Results: Although gambling expansion is associated with changes in gambling and gambling-related problems, empirical studies suggest that these effects are mixed and the available literature is limited. For example, the peer review literature suggests that most post-expansion gambling outcomes (i. e., 22 of 34 possible expansion outcomes; 64.7 %) indicate no observable change or a decrease in gambling outcomes, and a minority (i. e., 12 of 34 possible expansion outcomes; 35.3 %) indicate an increase in gambling outcomes. Conclusions: Empirical data related to gambling expansion suggests that its effects are more complex than frequently considered; however, evidence-based intervention might help prepare jurisdictions to deal with potential consequences. Jurisdictions can develop and evaluate responsible gambling programs to try to mitigate the impacts of expanded gambling.

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