scholarly journals Taxation Policy by Tax Incentive For Foreign Investment in Timor Leste

2020 ◽  
Vol 1 (2) ◽  
pp. 1-11
Author(s):  
Carlos Afonso BARRETO
Keyword(s):  
Foreign Investment ◽  
Tax Incentives ◽  
Director General ◽  
Investment Incentives ◽  
Structured Interviews ◽  
Foreign Investors ◽  
Tax Incentive ◽  
Timor Leste ◽  
The Government ◽  
National Director

The Foreign Investment Law, namely Law Number 5 Year 2005 Articles 14 and 15 concerning the granting of tax incentives to entrepreneurs, especially foreign investors. The Timor Leste government has prepared tax incentives to increase the value of investment to foreign investors. This research is a qualitative study. Methods of data collection using observations and structured interviews. Meanwhile, the data used are taxation reports, taxation policies on investment incentives and foreign investment. The research was carried out on the officials of the Director General of Tax and Customs of Timor Leste, the Head of the Foreign Investment Board of Timor Leste, the Head of Fiscal Policy are several Timorese and a National Director in Tax and Customs of Timor Leste and staff. The result of the research states that tax revenue will decrease with the tax incentives, but after investment activities run smoothly, investors will become taxpayers. The government must prepare itself both in terms of infrastructure, human resources, government administration bureaucracy to host foreign investors.

Australia will seek foreign infrastructure money

2019 ◽  
Keyword(s):  
Population Growth ◽  
Foreign Investment ◽  
Foreign Investor ◽  
State Governments ◽  
Foreign Investors ◽  
Content Type ◽  
Competitive Disadvantage ◽  
The Government ◽  
Budget Surplus ◽  
Tax Cuts

Significance Tax cuts were announced earlier this month for foreign investment in infrastructure, including transport, energy, water and communication. The move follows concerns that spending on infrastructure is too low for Australia’s projected population growth. Impacts The stimulus does not involve any new spending and will require the support of state governments, which co-fund some projects. Tax concessions will help ease a competitive disadvantage faced by foreign investors, but there will still be market barriers. Uncertain confidence in the current government could depress foreign investor interest. If it maintains the budget surplus, the government will keep backbenchers’ support.

scholarly journals IMPLEMENTASI INSENTIF PAJAK UMKM DI ERA COVID-19 DI KECAMATAN GEDANGAN KABUPATEN SIDOARJO

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Alfi Huurin Iin ◽  
Septrian Jihan Aulia Fistabella ◽  
Adellia Nanda Savira ◽  
Kalvin Edo Wahyudi
Keyword(s):  
Income Tax ◽  
Tax Incentives ◽  
Significant Decline ◽  
Point Of View ◽  
Economic Point ◽  
Tax Incentive ◽  
Incentive Policy ◽  
Ministry Of Finance ◽  
The Government ◽  
The Impact

It is known that the people's economy has experienced a significant decline due to the Covid -19 Pandemic which has spread in various regions in Indonesia. From an economic point of view, we found that there was a decrease in income felt by UMKM actors, one of which was in the Gedangan Sub-District, Sidoarjo District which was caused by the Covid-19 pandemic. So that we are interested in examining how the efforts made by the Government through the Ministry of Finance regarding Final Income Tax Incentives to deal with the decline in income faced by UMKM’s. This study aims to determine how the implementation of the Final PPh Tax Incentive policy for UMKM’s during the current Covid-19 pandemic and to find out how the impact felt by UMKM’s regarding the Final Income Tax incentives issued by the Indonesian Minister of Finance. The method we use in this research is descriptive qualitative with data collection techniques using interviews and observations. The results of this study indicate that the tax incentive policy can not be felt by UMKM actors in Gedangan District, this is due to the lack of socialization provided, resulting in their lack of knowledge about this policy and what conditions they must have to get tax incentives issued by the Ministry of Finance.

scholarly journals Analysis of the Participation of Micro, Small, and Medium Enterprises (MSMEs) Taxpayers in Utilizing Tax Incentives Affected by the COVID-19 Pandemic

2021 ◽  
Vol 5 (1) ◽  
pp. 71
Author(s):  
Imam Agus Faisol ◽  
Tito IM. Rahman Hakim
Keyword(s):  
Small And Medium Enterprises ◽  
Financial Burden ◽  
Value Added ◽  
Tax Incentives ◽  
Incentive Scheme ◽  
Tax Incentive ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Depth Interviews

This study aims to assess the effectiveness of the COVID-19 tax incentives that the government has issued. It focused on Micro, Small, and Medium Enterprises (MSMEs) taxpayers to participate in COVID-19 tax incentives. Using a qualitative method, this study used in-depth interviews with 2 informants who were a tax consultant and a small-medium enterprise accountant. The findings show that the effectiveness of the COVID-19 tax incentive is still lacking, and it is in line with the participation of MSMEs that is still low in utilizing tax incentives. The low participation of MSMEs in utilizing tax incentives can be seen from the data, which shows that after 5 months of running the program, out of around 2.3 million MSMEs, only 200,000 have taken advantage of this facility. The tax consultant states that the scheme that has been implemented in mitigating the financial burden of MSMEs is not effective for the object of incentives in not substantial. The informant suggests incentives to cover value-added tax also. The government is expected to create a new and better incentive scheme. The new incentive scheme is also to provide an equilibrium of responsibility for both government and society. This paper contributes theoretically by examining new types of tax incentives, namely COVID-19 tax incentives, and helping policymakers make better tax incentive schemes in the future.

scholarly journals Kebijakan Insentif Pajak Kendaraan Bermotor Selama Masa Pandemi Corona Virus Disease 2019

2021 ◽  
Vol 4 (3) ◽  
pp. 931
Author(s):  
Dhimam Zidny Siradj
Keyword(s):  
Motor Vehicle ◽  
Virus Disease ◽  
Human Life ◽  
Tax Incentives ◽  
Provincial Government ◽  
Motor Vehicles ◽  
Tax Incentive ◽  
Incentive Policy ◽  
The Government ◽  
Administrative Sanctions

AbstractAs a result of the covid-19 pandemic, it has an impact on all sectors of human life in the world, which causes changes in human activities that cause various problems, one of which is in the economic field. In response to this, the government issued Regulation of the Minister of Finance Number 86 of 2020 concerning Tax Incentives for Taxpayers affected by the Covid-19 Pandemic. The East Java Provincial Government itself followed up with the issuance of the Governor of East Java Decree No. 188/394/KPT/013/2020 to become the implementing regulations. In this case, the East Java Provincial Government made a policy of exempting administrative sanctions on motorized vehicle taxes, free from transfer of motor vehicle names to deductions on motor vehicles during the Covid-19 pandemic.Keywords: Covid-19 pandemic; Tax Incentive Policy; Economy.AbstrakAkibat dari adanya pandemi covid-19 berdampak pada segala sektor kehidupan manusia di dunia yang menyebabkan perubahan aktivitas manusia yang menimbulkan berbagai masalah salah satunya adalah dalam bidang ekonomi. Untuk merespons hal ini pemerintah mengeluarkan Peraturan Menteri Keuangan Nomor 86 Tahun 2020 tentang Insentif Pajak Bagi Wajib pajak terdampak Pandemi Covid-19. Pemerintah Provinsi Jawa Timur sendiri menindaklanjuti dengan dikeluarkanya Keputusan Gubernur Jawa Timur No. 188/394/KPT/013/2020 guna menjadi aturan pelaksanaanya. Dalam hal ini Pemerintah Provinsi Jawa Timur membuat kebijakan membebaskan Sanksi Administratif pajak kendaraan bermotor, bebas bea balik nama kendaraan bermotor hingga potongan pokok pajak pada kendaraan bermotor dalam masa pandemi covid-19. Kata Kunci: Pandemi Covid-19; Kebijakan Insentif Pajak; Ekonomi.

scholarly journals Measurement of Cost of Capital for Foreign Direct Investment in Pakistan: A Neoclassical Approach

2002 ◽  
Vol 41 (4II) ◽  
pp. 807-823
Author(s):  
Zahir Shah ◽  
Qazi Masood Ahmed
Keyword(s):  
Foreign Investment ◽  
Cost Of Capital ◽  
Influential Factor ◽  
Raw Material ◽  
Fixed Cost ◽  
Investment Incentives ◽  
Financial Return ◽  
Foreign Investors ◽  
The Incentive Mechanism ◽  
The Cost

Capital can move inside and outside the boundaries of a country in search of the highest financial return and greatest security for its operation in the host regions. High return from investment is linked with the incentive mechanism offered by the host country in attracting FDI to fill the investment gap and diffusion of other skills. To attract the foreign investors, the successive governments in Pakistan, offered various investment incentives in the form of tax concessions (tax expenditure) and direct expenditure on infrastructural provisions. The taxation policy of Pakistan has great relevance for Transnational Corporation’s (TNC) involvement in production activities. It is perceived to be a significantly influential factor in determining the inflow of foreign investment through the cost of capital and the resulting after tax return. Stimulating foreign investment, mainly through the large TNCs, requires cost minimising devices, which are reflected in fixed cost of a long-term investment project. The cost of fixed assets in such projects depends upon the rate of return, the price of capital goods and, most importantly, the tax treatment of generated income. Foreign investors are generally pursuing two sets of objectives that are related to their decision to invest. First, they prefer for locational advantages like market size, access to raw material and the availability of skilled labour. Secondly, they have their concern with the incentives offered by the host countries through their fiscal policies. These policies attract the investment considerations of the foreign investors. TNCs search the second set of objectives only if the first set is fulfilled.

scholarly journals Effect of Oregon’s Axle-Weight-Distance Tax Incentive

2000 ◽  
Vol 1732 (1) ◽  
pp. 63-69 ◽  
Author(s):  
Anthony M. Rufolo ◽  
Lois Bronfman ◽  
Eric Kuhner
Keyword(s):  
Statistical Analysis ◽  
Statistical Data ◽  
Tax Incentives ◽  
Economic Incentive ◽  
Major Determinant ◽  
Weight Class ◽  
Structured Interviews ◽  
Tax Rate ◽  
Tax Incentive ◽  
Regulatory Constraints

Oregon’s weight-mile tax was amended in 1990 to provide for a lower tax rate for trucks weighing more than 36 320 kg (80,000 lb) to which axles were added. The additional axles within a weight class reduce the amount of road damage. The tax break was largely based on equity considerations, since trucks within a weight class tend to do less road damage if they have more axles. However, the tax reductions also created an economic incentive to add axles and thus reduce road damage. Whether the tax break actually led to an increase in the number of axles within weight classes and a reduction in the amount of road damage is investigated. Statistical data indicate that a small increase occurred in the number of axles in most weight classes and a large increase occurred in mileage by the heaviest trucks with the most axles. These increases reduced the damage per ton shipped on trucks subject to the axle incentive, but to determine if this was due to the weight-mile tax is not possible. A series of structured interviews supplemented the statistical analysis and indicates that the tax incentive is not a major determinant of truck configuration. One reason for this is that regulatory constraints, particularly weight limits, limit the effectiveness of the tax incentives.

scholarly journals The effects of tax incentives on job and income generation in the State of Maranhão

2021 ◽  
Vol 11 (2) ◽  
pp. 215-226
Author(s):  
Fernando Silva-Lima ◽  
Nathalia Thais Costa-Rodrigues ◽  
Angela Cristina Dos Santos-Carvalho ◽  
Nilton Marques-Oliveira
Keyword(s):  
Positive Relationship ◽  
Tax Incentives ◽  
Applied Economics ◽  
The State ◽  
Income Generation ◽  
Tax Incentive ◽  
Social And Economic Development ◽  
Per Capita ◽  
The Government ◽  
Economics Research

This study aims to verify the participation of the tax incentive granted to companies in the growth of per capita income in Maranhão. The programs analyzed were: “PróMaralhão and “ Mais Empresas” and the period verified was between 2010 and 2017. The methodology used was the analysis of data on the effects of tax incentives on the generation of employment and income from the Gross Domestic Product (GDP)) production, per capita available on the websites: Instituto Maranhense de Socioeconomic and Cartographic Studies (IMESC), Brazilian Institute of Geography and Statistics (IBGE) and Institute of Applied Economics Research (IPEA). The main results are a positive relationship between the growth of employment and income in the state of Maranhão, and that the policy adopted by the government in the granting of tax incentives, through the PróMarhões and Mais Empresas programs has contributed to economic growth, consequently, has generated some social and economic development for its citizens.

scholarly journals INSENTIF PAJAK DALAM MERESPONS DAMPAK PANDEMI COVID-19 PADA SEKTOR PARIWISATA

2020 ◽  
Vol 2 (1) ◽  
pp. 124-137
Author(s):  
Nafis Dwi Kartiko
Keyword(s):  
Value Chain ◽  
Value Added ◽  
Tax Incentives ◽  
Easy Access ◽  
Business World ◽  
Social Distancing ◽  
Tax Incentive ◽  
Incentive Policy ◽  
Tourism Sector ◽  
The Government

ABSTRAKThe social distancing and physical distancing policies due to the COVID-19 pandemic have disrupted the value chain of the business world, causing various impacts on the Indonesian economy, resulting in shocks in sectors in the economy. One of the sectors experiencing the worst shocks is the tourism sector. The policy pursued by the government to reduce these shocks is by providing an economic stimulus in the form of tax incentives. The tax incentives provided have not been able to accommodate all the needs of the Tourism Business in facing the COVID-19 pandemic. This encourages the author to find out the needs of the tourism sector in facing the negative impacts of the COVID-19 pandemic, the benefits of tax incentives in the tourism sector, and alternative tax incentive policy solutions to overcome economic problems in the tourism sector due to the COVID-19 pandemic. This research uses qualitative research methods with the type of library research. The results of this study indicate that there are two needs of the tourism sector that have not been responded to in the tax incentive policy by the government, namely support to increase demand and consumption, and easy access to business credit. The author at the end of the study recommends providing value-added tax incentives to increase demand and consumption, and tax incentives for platforms and lenders in fintech lending for easy access to business credit. Kebijakan social distancing dan physical distancing akibat pandemi COVID-19 menimbulkan gangguan pada rantai nilai dunia usaha sehingga menyebabkan berbagai dampak pada perekonomian Indonesia yang berakibat timbulnya goncangan pada sektor-sektor dalam perekonomian.  Salah satu sektor yang mengalami goncangan terparah adalah sektor pariwisata. Kebijakan yang ditempuh oleh pemerintah untuk mengurangi goncangan tersebut adalah dengan cara memberikan stimulus ekomoni berupa insentif pajak. Insentif pajak yang diberikan ternyata belum dapat mengakomodir semua kebutuhan Usaha Pariwisata dalam menghadapi pandemi COVID-19. Hal tersebut mendorong penulis untuk mengetahui kebutuhan sektor pariwisata dalam menghadapi dampak negatif akibat pandemi COVID-19, manfaat insentif pajak pada sektor pariwisata, dan alternatif solusi kebijakan insentif pajak bagaimana yang dapat untuk mengatasi masalah ekonomi pada sektor pariwisata akibat pandemi COVID-19. Penelitian ini menggunakan metode penelitian kualitatif dengan jenis penelitian kepustakaan. Hasil penelitian ini menunjukkan bahwa terdapat dua kebutuhan sektor pariwisata yang belum direspons dalam kebijakan insentif pajak oleh pemerintah, yaitu dukungan untuk menaikkan permintaan dan konsumsi, serta kemudahan akses kredit usaha. Penulis pada akhir penelitian merekomendasikan untuk diberikannya insentif pajak pertambahan nilai untuk menaikkan permintaan dan konsumsi, dan insentif pajak untuk platform dan pemberi pinjaman dalam fintech lending untuk kemudahan akses kredit usaha.

scholarly journals LEGAL PROTECTION FOR FOREIGN INVESTMENT IN THE MINERAL AND COAL MINING SECTOR IN INDONESIA

2021 ◽  
Vol 12 (2) ◽  
pp. 102-114
Author(s):  
Vania Shafira Yuniar
Keyword(s):  
Coal Mining ◽  
Foreign Investment ◽  
National Economy ◽  
Legal Protection ◽  
Literature Study ◽  
Legal Research ◽  
Mining Sector ◽  
Foreign Investors ◽  
Study Approach ◽  
The Government

One of the indicators of Indonesia's economic development is investors. Investors are actors who have a role to empower and manage potential resources to serve as the country's economic strength. Mineral and coal mining plays an important role in the national economy and has great potential in the development of the national economy. The purpose of this research is to determine and analyze about legal protection for foreign investment in the mineral and coal mining sector in Indonesia. The research method used in this article is normative legal research and through a literature study approach with secondary assessment of legal materials and juridical data analysis. The results of this study indicate that the regulations related to foreign investment in the mining sector still use Law Number 25 of 2007 concerning Investment and Law Number 3 of 2020 concerning Amendments to Law Number 4 of 2009 concerning Mineral and Coal Mining which are considered by the Government as a basic regulation that is still in accordance with current conditions in Indonesia regarding investment and mining of minerals and coal. Therefore, special arrangements are needed related to foreign investment in the mining sector, because the existing laws and regulations are unable to explain in detail the aspirations and needs of foreign investors in implementing cooperation contracts in mineral and coal mining activities.

Between party capitalism and market reforms – understanding sector differences in Rwanda

2015 ◽  
Vol 53 (3) ◽  
pp. 415-450 ◽  
Author(s):  
Pritish Behuria
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Foreign Investment ◽  
Rapid Growth ◽  
Capital Accumulation ◽  
Foreign Investors ◽  
International Prices ◽  
Ruling Elites ◽  
Show Evidence ◽  
The Government

ABSTRACTDifferent strategies have been used by the Rwandan government to promote capitalist accumulation. In some sectors, party and military owned enterprises are predominant. In others, the government has chosen to embrace market-led reforms. Ultimately, the vulnerability experienced by ruling elites contributes to the choice of how capital accumulation is promoted in different sectors. Ruling elites use party and military enterprises to centralise rents and establish control over the direction of economic policy. However, centralising rents is a political choice and excludes individuals from developing access to rents. The pyrethrum sector shows that the use of such groups has resulted in unequal outcomes despite increases in productivity. Reduced international prices have stunted further productivity. Conversely, the mining sector shows evidence of the pursuit of market-led reforms. These reforms have been accompanied by rapid growth in domestic production and exports. Foreign investment was necessary in order to bring capital and expertise to the sector. However, the government has struggled to retain the capacity to enforce legislation and discipline foreign investors in line with national priorities. Both sectors show evidence that ruling elites have been prompted by vulnerability to commit to economic development. Constraints that have accompanied strategies pursued in these sectors have forced the government to work ‘reactively’ to achieve strategic targets.

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