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.

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.

scholarly journals PERPPU NOMOR 1 TAHUN 2017 TENTANG “AKSES INFORMASI KEUANGAN UNTUK KEPENTINGAN PERPAJAKAN” DAN IMPLIKASINYA TERHADAP LEMBAGA KEUANGAN DI INDONESIA

2018 ◽  
Vol 15 (1) ◽  
Author(s):  
Kusworini Kusworini
Keyword(s):  
Financial Institutions ◽  
Information Exchange ◽  
Financial Information ◽  
Financial Industry ◽  
Tax Base ◽  
Member States ◽  
Additional Information ◽  
Tax Revenues ◽  
Financial Account

<p>Access of tax officers to the financial industry customers is set forth in Perppu No. 1 2017Th, the issuance of this rule is closely linked to the financial information exchange agreement between the Automatic Exchange of Financial Account Informce (AEoFIA) organized by Member States of the Organization for Economic  Co-operation and Development (OECD), including Indonesia. At the same time the Perppu is at the same time the capital of the tax authorities to pursue the tax target. The tax authorities are authorized to request additional information and evidence from financial institutions, as the latter annuls several articles which have been the secret locking of financial industry customers. This Perppu will raise tax revenues given the low acceptance of the current tax base. Nevertheless this Perppu would be perfect if it could be metamorphosed into Law.</p>

Evaluation of ‘the R-Model’ crisis intervention de-escalation training for law enforcement

2019 ◽  
Vol 93 (4) ◽  
pp. 271-289 ◽  
Author(s):  
Jillian Peterson ◽  
James Densley ◽  
Gina Erickson
Keyword(s):  
Law Enforcement ◽  
Crisis Intervention ◽  
Health Resources ◽  
Police Department ◽  
Preliminary Evidence ◽  
Outcome Evaluation ◽  
Calls For Service ◽  
Model Research ◽  
One Year

This study presents findings from a process and outcome evaluation of a custom crisis intervention and de-escalation training for law enforcement, delivered in-house to a suburban Minnesota police department (the R-Model: Research, Respond, Refer). Individual officer survey data showed the R-Model significantly decreased stigma and increased self-reported knowledge of mental health resources over baseline. Knowledge of resources held at the 4-month follow-up. One-year follow-up data at the agency level, showed decreases in the number of crisis calls for service and the number of repeat calls to the same addresses, even when compared to crisis call rates at similar police departments. Findings provide preliminary evidence that the R-Model may be an effective model that warrants additional study.

The new player in international taxation: the automatic exchange of financial information

2021 ◽  
Vol 23 (3) ◽  
pp. 41-45
Author(s):  
ESTER GARCÍA ◽  
Keyword(s):  
Information Exchange ◽  
Legal Framework ◽  
Financial Information ◽  
International Taxation ◽  
Positive Outcomes ◽  
Exchange Of Information ◽  
Bank Secrecy ◽  
Bank Accounts

The article highlights the progress of international taxation in the fight against the concealment of income in offshore jurisdictions and exposes the lights and shadows of the current legal framework for the exchange of information on bank accounts. The author examines the major problems of international taxation and how corporations avoid paying taxes in their jurisdictions and how it affects the financial sphere. The article studies bank secrecy with its harmful aspects and develops the solution to resolve the current issues. As a conclusion, the author focuses on cooperation between tax administrations and the positive outcomes from transparency and information exchange measures on the international taxation.

scholarly journals Study on Cyber-Attacks Based on E-mails

2014 ◽  
Author(s):  
Florian-Cosmin BUTOI
Keyword(s):  
Social Security ◽  
White Paper ◽  
Common Type ◽  
Cyber Attacks ◽  
Financial Information ◽  
Sensitive Data ◽  
Phishing Attacks ◽  
The Future ◽  
Banking Institutions ◽  
Account Information

A particularly dangerous and now common type of spam known as "Phishing” attempts to trick recipients into revealing personal and sensitive data, such as passwords, login ID’s, financial information or social security numbers. Recipients are directed to counterfeit and fraudulent websites that are exact duplicates of well-known and respected companies such as eBay, PayPal or large banking institutions and prompted to enter account information. This white paper addresses current issues associated with phishing scams and argues the most probable and likely direction phishing scams will follow in the future. Recommended safe user guidelines are included to help protect users from both current and future phishing attacks.

scholarly journals Influence of Access To Finance On The Competitive Growth of SMEs in Lesotho.

2021 ◽  
Author(s):  
Donald Edes Osakpamwan Amadasun ◽  
Ashley T. Mutezo
Keyword(s):  
Financial Market ◽  
Developing Economies ◽  
Information Access ◽  
Support Service ◽  
Financial Information ◽  
Financial Policy ◽  
Competitive Growth ◽  
Access To Finance ◽  
Business Support ◽  
Funding Programs

Abstract Background: Access to finance is identified as one of the biggest problems faced by Small and Medium-Sized Enterprises (SMEs) in most developing economies. Consequently, access to finance has been identified as a dominant constraint facing the SMEs sector in Lesotho. This paper established the factors of access to finance that influence the competitive growth of the SME sector in Lesotho. The factors addressed include financial information access, bank and business support services, the structure of banks and collateral requirements by the financial sector. Findings: The results from our analysis indicated that there is a relationship between independent variables of financial information access, Bank and business support service, the structure of banks and the collateral requirement by commercial banks and such influence SMEs capacity to attain competitive growth in Lesotho. In addition, the results indicated that Basotho entrepreneurs and managers see the predictors as critical factors of access to finance that constrained most enterprises access to needed credit from banks and such influence SMEs capacity to attain competitive growth in Lesotho. Conclusions: The study concludes that access to finance significantly affect the competitive growth of SMEs in Lesotho. Thus, this study suggests that several specific and harmonized financial policy actions are needed in the Lesotho financial market to identify enabling policy that ease enterprises access to adequate funding programs. These funding programs should target improved financial schemes that are coordinated, competitive and directed towards SMEs access to finance; harmonized credit policy which guarantees a win-win for SMEs loan applicants and the financial market operators.

An Accelerator for Decoding Market Data Based on FPGA

2019 ◽  
Vol 28 (03) ◽  
pp. 1950050
Author(s):  
Yuhao Dou ◽  
Yisu Zhou ◽  
Bo Xin
Keyword(s):  
Information Exchange ◽  
Field Programmable Gate Array ◽  
Financial Information ◽  
Low Latency ◽  
Market Data ◽  
Field Programmable ◽  
Leading Position ◽  
Average Latency ◽  
The Cost ◽  
Securities Trading

In securities trading, low latency helps investors take the leading position in the market. Conventionally, market data is decoded with software running on general computers. However, the serial structure of software and complex operating system scheduling cause high latency. This paper designs an accelerator for decoding market data based on field-programmable gate array (FPGA). We propose a pipeline in the accelerator, where every part works independently and parallelly. Furthermore, we present a mechanism for encoding templates, which avoids reconstructing the accelerator and decreases the cost when the template is renewed. We evaluate this accelerator with real Financial Information eXchange (FIX) messages and FIX Adapting for Streaming (FAST) templates, attaining an average latency of 447[Formula: see text]ns.

境外資金匯回管理運用及課稅條例適用爭議問題研究

2020 ◽  
Vol 20 (20) ◽  
pp. 160-199
Author(s):  
封昌宏 封昌宏
Keyword(s):  
Information Exchange ◽  
Tax Avoidance ◽  
Financial Information ◽  
The Other ◽  
Controversial Issues ◽  
Taxable Income ◽  
Long Period ◽  
Taiwanese People ◽  
Ministry Of Finance ◽  
Trade War

受到國際反避稅、稅務金融資訊交換、國際反洗錢及中美貿易戰等因素的影響，臺灣的稅務居民已意識到，資金停留在境外不是最安全的地方，許多人想將境外的資金匯回。但要匯回資金首先要面對課稅的問題，因為這些多年來在境外所累積的資金，很可能涉及有應課稅的所得。為了迎接這波的資金匯回，財政部提出了一部專為資金匯回制定的法律，解除資金匯回的課稅疑慮。但財政部在執行面卻又顯得保守，造成申請人以扭曲的行為來適用的這部專法，造成更多的爭議問題。本文就這些爭議問題，提出評析。Under the influence of international anti-tax avoidance, tax financial information exchange, international anti-money laundering and Sino-US trade war, Taiwan’s tax residents have realized that it is not relative safer to park their funds abroad and therefore, many Taiwanese people desire to repatriate overseas funds back to Taiwan. However, we need to face the first issue of taxation of possible taxable income accumulated abroad for a long period. In order to encourage the wave of repatriated offshore funds, the Ministry of Finance has specifically proposed a law to relieve the taxation doubts on repatriated funds. In the other hand, the Ministry of Finance has imposed a conservative manner on implementation, leading to applicants’ distorted behavior to apply for this law, which evokes more controversial issues. This article presents an analysis of these controversial issues.

PENGGUNAAN ]NFORMASI AKUNTANSI UNTUK MEMPREDIKSI RETURN SAHAM PADA PERUSAHAAN REAL ESTAT DAN PROPERTT YANG TERDAFTAR DI BURSA EFEK JAKARTA

2007 ◽  
Vol 3 (1) ◽  
pp. 47
Author(s):  
Felicia P. Bahari ◽  
Wirawan E.D. Radianto
Keyword(s):  
Real Estate ◽  
Financial Reporting ◽  
Stock Return ◽  
Financial Information ◽  
Ratio Analysis ◽  
Financial Ratio ◽  
Turnover Ratio ◽  
Financial Condition ◽  
One Year

The role of Jinancial ratio analysis is to investigate whether finorcial information is useful to predict stock return and corporate financial condition in the future.This study examines the use of financial ratio to predict stock return for one and two years ahead. This study is bosed on research by fuasikal (2002) and use listed real estate industies in 1999 as sample. CAR is used as proxy of stock return and window periode is used seven day before ond after financial reporting publication for 2000 and 2001. Financial reporting is taken from ICMD for 2001. Using multiple regressin, the outcome fum this research, price tobook value influence positively to predict stock return for two years ahead. While account receivable turnover ratio significantly can predict stock return foir one year ahead.Keywords: Financial information, stock return, financiol ratio, realestate and property.

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