scholarly journals Providing Income Tax Article 21 Tax Incentives during the Covid-19 Pandemic for the Stability of Economic Growth in Indonesia

2021 ◽  
Vol 04 (03) ◽  
Author(s):  
Tiolina Evi ◽  
Keyword(s):  
Economic Growth ◽  
Income Tax ◽  
Qualitative Method ◽  
Tax Incentives ◽  
Know How ◽  
Analysis Techniques ◽  
Incentive Policies ◽  
The Government ◽  
The Stability ◽  
The Impact

This study discusses the policy analysis of providing Article 21 Income Tax incentives for taxpayers affected by the corona virus (covid-19) outbreak in order to maintain the stability of economic growth. The aim is to determine the effectiveness and influence of the provision of incentive policies by the government on economic conditions in society, especially in meeting household consumption needs. The problem raised in this study is the impact caused by the Covid-19 pandemic on employees who have been laid off, which the government then resolves by providing PPh 21 incentives with the aim of helping workers. The research method used in this research is a qualitative method. The purpose of this research is descriptive. Data collection techniques that have been collected, were analysed using qualitative data analysis techniques. The result of this research is to know the impact of government incentives for workers who have met the qualifications of the incentive recipients and to know how the scheme is in fulfilling this PPh 21 incentive.

scholarly journals Kebijakan Pajak Indonesia Menanggapi Krisis COVID-19: Manfaat bagi Wajib Pajak

2020 ◽  
Vol 30 (9) ◽  
pp. 2216
Author(s):  
Aswin Padyanoor
Keyword(s):  
Income Tax ◽  
Qualitative Method ◽  
Tax Incentives ◽  
Tax Policies ◽  
Analysis Techniques ◽  
Collection Data ◽  
Three Stages ◽  
Descriptive Approach ◽  
The Government ◽  
The Impact

The economy has changed dramatically since the COVID-19 outbreak began. The impact that occurred in Indonesia was almost on all fronts, and the Government continued to issue policies due to this impact. Tax policies that are designed to provide incentives for affected taxpayers are expected to increase economic growth. This research was conducted to map 14 Tax Policies in three Regulations issued by the Government based on the objective of reducing the economic impact of the COVID-19 pandemic. The study used a qualitative method with a descriptive approach obtained. Then perform data analysis using three stages of analysis techniques in the form of data collection, data reduction, and concluding. The results of the study state that Indonesia has issued a policy to help taxpayers who are affected by COVID-19. Benefits for taxpayers, namely a reduction in rates to an exemption from income tax, the goal is that the economy which has stopped moving up becomes stable. Keywords: Tax Incentives; Tax Policy; Taxpayers.

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 The Effectiveness Of Tax Relaxation Due To Covid-19 Pandemy On Indonesian Economic Defense

2020 ◽  
Vol 4 (1) ◽  
pp. 133-142
Author(s):  
Mutiara Hamdalah Munandar
Keyword(s):  
Income Tax ◽  
Tax Incentives ◽  
The State ◽  
Assessment System ◽  
Self Assessment ◽  
Direct Compensation ◽  
Directorate General ◽  
Ministry Of Finance ◽  
The Government ◽  
The Impact

The Act Number 28 of 2007 concerning General Provisions and Tax Procedures, it is explained that tax is a mandatory contribution to the state owed by individuals or entities that are forcing based on the law, with no direct compensation and is used for state purposes for the magnitude of people's prosperity. Indonesia began to impose taxes with a self assessment system or trust to calculate tax payable, pay off tax shortages, calculate taxes paid, and report to the Directorate General of Taxes themselves. On March 13, 2020, the Ministry of Finance said that income tax relaxation would be imposed. The government has issued Regulation of the Minister of Finance (PMK) number 23 / PMK.03 / 2020, regarding Tax Incentives for Taxpayers affected by Corona Virus. However, is this effective? What is the impact of this relaxation policy on Indonesia's economic defense? Keyword : Taxes, Tax Relaxation, Income, Economic Defense

KAJIAN EFEKTIVITAS PEMANFAATAN INSENTIF PAJAK OLEH USAHA MIKRO, KECIL DAN MENENGAH (UMKM) DI MASA PANDEMI COVID-19

2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Dewi Noor Fatikhah Rokhimakhumullah
Keyword(s):  
Qualitative Method ◽  
Tax Incentives ◽  
High Impact ◽  
Financial Impact ◽  
Business Success ◽  
Tax Rates ◽  
Literature Study ◽  
Study Approach ◽  
The Government ◽  
The Impact

The COVID-19 pandemic has had a high impact on the business and economy sector in Indonesia. To respond to this, the government has issued various policies, especially for MSMEs. Tax incentives for MSMEs issued by the government can be utilized by taxpayers until June 2021. This research aims to see the effectiveness of the use of tax incentives by mapping the factors that affect MSME taxpayer compliance and the determinants of MSME business success during the crisis due to the pandemic. This study uses a literature study approach with a descriptive qualitative method. The effectiveness of the use of tax incentives during this pandemic can show the level of compliance of MSME taxpayers and affect the sustainability of MSME businesses. Taxpayer compliance with the use of incentives is seen from the socialization of taxation, tax rates, understanding of taxation, and the perception of tax convenience provided by the government in the context of handling the impact of the pandemic, which shows that the response of MSMEs is very good in the first quarter of 2021. It is also seen from the perspective of MSME business continuity. The financial impact caused by this pandemic has caused MSMEs to be unable to carry out their tax obligations so that these tax incentives can provide relief and convenience for them MSME actors to carry out their tax obligations.

scholarly journals Does the Export of Agricultural Products Lead to Economic Growth in Cameroon?

2020 ◽  
Vol 16 (4) ◽  
pp. 139
Author(s):  
Younchawou NGOUWOUO ◽  
Zenabou TOURERE ◽  
Samuel Honoré NTAVOUA
Keyword(s):  
Economic Growth ◽  
Agricultural Products ◽  
Easy Access ◽  
Agricultural Exports ◽  
Research Activities ◽  
Moments Method ◽  
The Government ◽  
The Stability ◽  
The Impact ◽  
Generalized Moments

The purpose of this article is to analyze the impact of agricultural exports such as coffee, cotton and cocoa on economic growth in Cameroon. The main results obtained by the Generalized Moments Method show that the impact of cocoa and coffee exports is negative and that of cotton on economic growth is positive. The export of cocoa, the exchange rate and the stability of agricultural exports are respectively significant. To this end, farmers should be encouraged to form more cooperatives in order to have easy access to finance which permit to increase their production, the government should fund research activities to improve the quality of agricultural products sold abroad in order to be more competitive and finally to promote the strategy of diversification of export products.

scholarly journals Analysing the effects of selected economic indicators on education and on the causality between education and economic growth of the Philippines

2016 ◽  
Vol 19 (3) ◽  
pp. 57-69
Author(s):  
Ronaldo R. Cabauatan ◽  
Ronaldo A. Manalo ◽  
Chin Uy
Keyword(s):  
Economic Growth ◽  
The Philippines ◽  
Limited Data ◽  
High Demand ◽  
Education Expenditure ◽  
Endogenous Growth Theory ◽  
The Government ◽  
The Stability ◽  
The Impact ◽  
Gathering Data

The study estimates the impact of inflation, unemployment and population on the education in the Philippines. This study determines the causality between the education expenditure and GDP. This study used the structural stability test to examine the stability of the coefficients of the model between different time periods despite the economic environment in previous years. Findings show that education expenditure granger causes economic growth as what introduced by the endogenous growth theory which emphasized the importance of education on economic growth, in estimating education on the economic growth of the Philippines as education conduit for accumulation of human capital that will have an effect to economic growth. This shows the value of the educated labor force in the Philippine economy, even though the study encountered difficulty in gathering data, specifically for education expenditure as a consequence of limited data published by the government. Findings also show that population and unemployment are statistically significant on education expenditure while inflation is statistically insignificant. This suggests that high demand in education due to an increase in population and unemployment will increase the education expenditure.

scholarly journals STUDI KUALITATIF : DAMPAK KEBIJAKAN INSENTIF PAJAK USAHA KECIL DAN MENENGAH TERHADAP KEPATUHAN PAJAK DAN PENERIMAAN NEGARA

2019 ◽  
Vol 3 (2) ◽  
pp. 36-45
Author(s):  
Yotasa Raidah Khairiyah ◽  
Muhammad Heru Akhmadi
Keyword(s):  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Tax Incentives ◽  
State Revenue ◽  
Before And After ◽  
Incentive Policies ◽  
The Government ◽  
Medium Enterprises ◽  
Tax Payers ◽  
The Impact

Government Regulation Number 23 of 2018 is a form of tax incentives given by the government to tax payers for Micro, Small and Medium Enterprises (MSMEs). The regulations aim at realizing fair taxation and increasing state revenue. Data from the Ministry of UKM shows that the number of MSMEs in Indonesia until 2018 is 64,194,057 units and absorbs 107,376,540 people. This study examines the compliance of SMEs in paying taxes before and after the enactment of tax incentives. Using a qualitative approach, this study seeks to explain the impact of incentive policies on MSME taxpayer compliance and state revenue. Respondents were observed in the South of Tangerang city area with interview techniques. The results of the study showed that in terms of compliance, statistically 2016-2018 showed an increase in registered taxpayers, but the SMEs did not voluntarily pay taxes because they felt they had not benefited directly. In addition, the ability to keep books is still limited. This has an impact on the side of state revenue, which is still low tax revenue from the MSME sector when compared to taxation revenues from other sectors

scholarly journals PENERBITAN PERATURAN PEMERINTAH PENGGANTI UNDANG-UNDANG NOMOR 1 TAHUN 2020 SEBAGAI STRATEGI KEBIJAKAN PAJAK PEMERINTAH INDONESIA DALAM MENGHADAPI DAMPAK PANDEMI COVID-19 TERHADAP KEUANGAN NEGARA

2020 ◽  
Vol 3 (2) ◽  
pp. 110-132 ◽  
Author(s):  
Anton Aulawi
Keyword(s):  
Tax Policy ◽  
Income Tax ◽  
Qualitative Method ◽  
Virus Disease ◽  
System Stability ◽  
Community Group ◽  
State Revenue ◽  
Tax Returns ◽  
The Government ◽  
The Impact

The impact of the Covid-19 pandemic has greatly affected global and national economic order. The existence of physical distancing policies, as well as large-scale social restrictions, greatly affected the activities of tourism and manufacturing sectors, causing the  economic growth to slow down. Therefore, the government issued a tax policy by stimulating Government Regulation in Lieu of Law Number 1 of 2020 concerning State Financial Policy and Financial System Stability for Handling the Corona Virus Disease (Covid-19) Pandemic on March 31, 2020 and Regulation of the Minister of Finance which regulates tax incentives known as tax relaxation. This research was conducted using qualitative method A qualitative method was used to produce in-depth descriptions of speech, writing and observable behavior of an individual, community group and organization in a certain context that was studied from a comprehensive and holistic point of view. The results of this study were that the Indonesian Government has established various tax policy strategies during the Covid-19 pandemic which aim to achieve the target of state revenue, by revising tax revenue targets, rearranging state revenue allocations in the 2020 State Revenue and Expenditure Budget and implementing taxes. Trading Through Electronic Systems. The government has also relaxed the imposition of Article 21 Income Tax, Article 22 Income Tax, Article 25 Income Tax, and specific VAT tax returns to the manufacturing sector. So the relaxation of income tax in articles 21, 22 and 25 as well as tax returns was the most effective and appropriate way to overcome the impact of Indonesia's economy in the face of the Covid-19 outbreak.

scholarly journals Kebijakan Pemerintah dalam Memberikan Insentif Pajak Penghasilan Pasal 21 Kepada Wajib Pajak Terdampak Pandemi Covid-19

2021 ◽  
Vol 2 (2) ◽  
pp. 418-423
Author(s):  
I Putu Widya Laksana Pendit ◽  
I Nyoman Putu Budiartha ◽  
Ida Ayu Putu Widiati
Keyword(s):  
Income Tax ◽  
Research Method ◽  
Economic Recession ◽  
Tax Incentives ◽  
Conceptual Approach ◽  
Directorate General ◽  
Huge Impact ◽  
The Government ◽  
The Right ◽  
The Impact

The Covid-19 pandemic has been going on since the end of 2019 and has had a huge impact in the health, social and economic recession in Indonesia. The Government needs to take policies to anticipate these problems through fiscal policy. One of the policies issued was the provision of income tax incentives article 21 to affected workers. The problems of this research cover the substance of government policies in providing income tax incentives article 21, and the impact of providing income tax incentives article 21 for workers. The research method used is a normative legal research method, with a statutory and conceptual approach to the problem. The technique of collecting legal materials is carried out by recording, identifying, inventorying, and compiling according to the types of available legal materials. Based on the research results, it was found that the provision of Article 21 income tax incentives and borne by the Government has specific requirements regarding the business category and the amount of salary of workers who have the right to get the incentives. This is regulated in the Minister of Finance Regulation and implementation instructions through a letter from the Directorate General of Taxes Number SE-47/PJ/2020. The impact of providing this incentive can increase workers' income because income tax of Article 21 is borne by the government and helps workers maintain purchasing power. Thus, it can be concluded that the provision of income tax article 21 which is borne by the government has a fairly good impact on workers who meet the criteria and requirements, so that workers can also get incentives that are appropriate to their work and are able to support their daily needs.

scholarly journals Economic Benefits of Construction Waste Recycling Enterprises under Tax Incentive Policies

2021 ◽  
Author(s):  
Jingkuang Liu ◽  
Engqing Gong ◽  
Xuetong Wang
Keyword(s):  
Income Tax ◽  
Municipal Government ◽  
Tax Incentives ◽  
Waste Recycling ◽  
Economic Benefits ◽  
Total Revenue ◽  
Construction Waste ◽  
Tax Incentive ◽  
Incentive Policies ◽  
The Government

Abstract To further explore the development of construction waste recycling enterprises and promote the recycling of construction waste resources in China, a system dynamics model of the economic benefits of construction waste recycling enterprises is established using the system dynamics method and taking the tax incentive of the Guangzhou Municipal Government as an example. The economic benefits of construction waste recycling enterprises are analyzed from the perspective of the total cost, total revenue, and total recycling amount. The results of the MATLAB simulation and numerical analysis show that: (1) By simulating the effects of different taxes such as value-added tax (VAT), education surcharge, urban construction tax, and enterprise income tax on the economic benefits of construction waste recycling enterprises, it is found that when tax incentives reach 70%, the VAT favorable policies bring the highest gains, followed by enterprise income tax, whereas favorable education surcharge policies and urban construction tax have the least impact on economic benefits. (2) Taking the monetary subsidy of the Guangzhou municipal government as an example, it is estimated that the total revenue of construction waste recycling enterprises will increase by 33.56% annually in 2030. When the new production technology is adopted, the Return On Investment (ROI) will reach 46.8% in 2030 compared to previous technological improvement. In the simulation scenario, the ROI will be 42.2%, which has a good incentive effect on the cost control of enterprises. (3) Increasing the available power to VAT and corporate income tax can improve the profitability of construction waste recycling enterprises in China; however, tax incentive policy will no longer be the main factor affecting the benefits of enterprises when a certain time is reached. (4) It is suggested that the government improves the relevant tax laws incentive policies, increase tax incentives, and add equipment tax incentive policies, actively change the tax mode, and increase indirect tax models to improve the economic benefits of enterprises. The research results provide a decision-making reference for the government to formulate laws and policies related to the economic benefits of construction waste recycling, promote the development of the construction waste recycling industry, the development of new industries, such as waste recycling and treatment, and the formation of industrial chains, to achieve the strategic goal of sustainable development.

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