Tax Planning and Tax Obligations at Indonesian Private Company

2021 ◽  
Vol 8 (4) ◽  
pp. 39-45
Author(s):  
Siti Rosyafah ◽  
Keyword(s):  
Tax Planning ◽  
Qualitative Approach ◽  
Private Company ◽  
Private Companies ◽  
State Income

Tax is one of the establishment segments of state income, in order to guarantee progression of financing national improvement. In a business, charge may be a source takes a toll without accepting quick remunerate. Hence, we require an arrangement for companies to discover ways to streamline the charge and one of the ways utilized is through assessment arranging. The reason for this study is to decide the degree of charge arranging through worker welfare to minimize the charging burden on Indonesian private companies. This sort of research is expressive. Information got by utilizing documentation and interviews. The information investigation utilized is qualitative approach. The result appeared kind of assess arranging through representative welfare of the company can streamline the sum of assessing payable, from the company by recognizing as a cost the taken a toll representative welfare operations. The administration of PT. Domas Perkasa should apply tax arranging through representative welfare to play down of company charge burden.

scholarly journals ANALISIS TERHADAP KETERBUKAAN INFORMASI PUBLIK PADA PERSEROAN TERBATAS YANG MELAKUKAN PENGUMPULAN DANA DONASI YANG DIDUGA DIGUNAKAN UNTUK PELAKSANAAN CORPORATE SOCIAL RESPONSIBILITY

2019 ◽  
Vol 2 (2) ◽  
pp. 366
Author(s):  
Muhammad Rizqi ◽  
Chandra Yusuf
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Public Information ◽  
The Other ◽  
Public Institution ◽  
Legal Person ◽  
Private Company ◽  
Public Funds ◽  
State Income ◽  
Corporate Social

Public Institution is a legal person under the Indonesian act number 14 year of 2008 about Public Information Openness. Under that act, Public Institution have an obligation to publish all the information on that regulation. Public Institution, under the Indonesian act of Public Information Openness means legislative, executive, judicative and any other institution who obtain operational funds from state income (ABPN) or regional income (APBD), public funds or foreign income. There’s an issue among Private Company and Public Information Commission, where the Private Company appointed as a Public Institution by the Judge from Indonesian Information Public Commission. There’s a gap on that dispute, because Private Company obeyed under the Indonesian act of Private Company number 40 year of 2007. The judge had consideration when decided Private Company to become a Public Institution, it’s because of that Private Company managed public donation and distribute that donation into several foundation. The other problem is the private company refused to be named as a Public Institution, so there’s no obligation for the private company to publish any information about the corporation.

Financial Reporting Fraud: Public and Private Companies

2016 ◽  
Vol 1 (1) ◽  
pp. A27-A41 ◽  
Author(s):  
A. Scott Fleming ◽  
Dana R. Hermanson ◽  
Mary-Jo Kranacher ◽  
Richard A. Riley
Keyword(s):  
Financial Reporting ◽  
Primary Objective ◽  
Private Company ◽  
Private Companies ◽  
Public And Private ◽  
Public Companies ◽  
Multivariate Tests ◽  
Public Company ◽  
Public Versus Private ◽  
Financial Reporting Fraud

ABSTRACT This study uses survey data gathered by the Association of Certified Fraud Examiners (ACFE) and provided to the Institute for Fraud Prevention (IFP) to examine differences in the profile of financial reporting fraud (FRF) between private companies and public companies. Although private companies represent a significant portion of the economy, largely due to lack of data on these companies, most research on FRF examines only public companies. The primary objective of this study is to determine how private company FRF is different from FRF in public companies. Our multivariate tests reveal that public companies have stronger anti-fraud environments, are more likely to have frauds that involve timing differences, tend to experience larger frauds, have frauds that involve a larger number of perpetrators, and are less likely to have frauds that are discovered by accident. Overall, it appears that the stronger anti-fraud environment in public companies leads public company FRF perpetrators to use less obvious fraud methods (i.e., timing differences) and to involve larger fraud teams to circumvent the controls. These public company frauds are larger than in private companies, and their larger size may make them more likely to be detected through formal means, rather than by accident. Based on the results, we encourage auditors and others to be particularly attuned to the unique risks of the public versus private setting.

The Management of Knowledge Resources within Private Organisations

2010 ◽  
pp. 36-61
Author(s):  
Federica Ricceri ◽  
James Guthrie ◽  
Rodney Coyte
Keyword(s):  
International Institutions ◽  
Economic Base ◽  
Wealth Creation ◽  
Private Company ◽  
Private Companies ◽  
Knowledge Resources ◽  
Research Questions ◽  
National Economies ◽  
Specific Organisation

National economies have rapidly moved from their industrial economic base and shifted towards a knowledge base, in which wealth creation is associated with the ability to develop and manage knowledge resources (KR) (see, among others, MERITUM, 2002; EC, 2006). Several national and international institutions have produced various Intellectual Capital (IC) frameworks1 and guidelines (e.g. MERITUM, 2002; SKE, 2007; EC, 2006) to guide in the management, measurement and reporting of IC. However, there appear to be few studies of private company practices (Guthrie & Ricceri, 2009). The above informed the following two research questions of our study: (1) In what ways, did the private companies express their strategy and the role of KR within it? (2) What tools, including ‘inscription devices’, were used for understanding and managing KR within a specific organisation? This chapter answers these questions by providing illustrations of KR and their management in practice in a variety of private companies.

scholarly journals The Impact of Federal and State Income Tax Liabilities on Timber Investments in the Midwest and Northeast

2007 ◽  
Vol 24 (4) ◽  
pp. 245-251 ◽  
Author(s):  
Nathan R. Smith ◽  
Philip Bailey ◽  
Harry Haney ◽  
Debra Salbador ◽  
John Greene
Keyword(s):  
Income Tax ◽  
Tax Planning ◽  
Income Taxes ◽  
Forest Landowners ◽  
Middle Income ◽  
State Tax ◽  
State Income Tax ◽  
State Income ◽  
Lower Peninsula ◽  
The Impact

Abstract Federal and state income taxes are calculated for hypothetical forest landowners in two income brackets across 23 states in the Midwest and Northeast to illustrate the effects of differential state tax treatment. The income tax liability is calculated in a year in which the timber owners harvest $200,000 worth of timber. State income taxes ranged from highs of $13,427 for middle-income landowners and $18,527 for high-income landowners in Maine to no tax burden in New Hampshire and South Dakota. Calculated state and federal income taxes are based on 2004 tax regulations and rates. After-tax land expectation values calculated for a forest landowner in the Northern Lower Peninsula of Michigan illustrate the importance of tax planning on returns to a timber investment. The results support the need for adequate tax accounting.

scholarly journals The Impact of Federal and State Income Tax Liabilities on Timber Investments in the West

2008 ◽  
Vol 23 (2) ◽  
pp. 121-126
Author(s):  
Nathan R. Smith ◽  
Phillip Bailey ◽  
Harry Haney ◽  
Debra Salbador ◽  
John Greene
Keyword(s):  
Income Tax ◽  
Tax Planning ◽  
Income Taxes ◽  
The West ◽  
Forest Landowners ◽  
Middle Income ◽  
State Tax ◽  
State Income Tax ◽  
State Income ◽  
The Impact

Abstract Federal and state income taxes are calculated for hypothetical forest landowners in two income brackets across 13 states in the West to illustrate the effects of differential state tax treatment. The income tax liability is calculated in a year in which the timber owners harvest $200,000 worth of timber. State income taxes range from highs of $19,693 for middle-income and $34,993 for high-income landowners in Oregon to no income tax in Alaska, Nevada, Washington and Wyoming. After-tax land expectation values for a forest landowner in Oregon are also calculated to illustrate the importance of tax planning on returns to a timber investment. The need for adequate tax accounting is supported by the results.

Biomimetics for business? Industry perceptions and patent application

2019 ◽  
Vol 10 (3) ◽  
pp. 597-616 ◽  
Author(s):  
Ryo Kohsaka ◽  
Yoshinori Fujihira ◽  
Yuta Uchiyama
Keyword(s):  
Online Survey ◽  
Patent Application ◽  
Future Research ◽  
Private Company ◽  
Private Companies ◽  
Content Type ◽  
Staff Members ◽  
Industrial Sectors ◽  
The Social ◽  
International Comparative

Purpose Biomimetics are expected to contribute to sustainable environmental management; however, there has been no exploration of industry perceptions by using empirical data. This study aims to identify the trends and perceptions of biomimetics. The industrial sectors in Japan and international patent application trends are analyzed. Design/methodology/approach An online survey to identify the perceptions of staff members in Japanese private companies (n = 276) was conducted. Japan is an emerging country in terms of the social implementation of biomimetics, and this paper can provide insights into other such countries. Findings It is identified that the strength of connections to biomimetics differs across industrial sectors. The respondents from companies that use nanoscale biomimetics tend to have the knowledge of, and experience in, biomimetics. Regarding the overall understanding of patent applications, Japanese private company employees require knowledge of patent application trends and country rankings as potential factors influencing the development of biomimetics. Social implications Knowledge transfer and sharing of experience among engineers and researchers of nanoscale technologies and urban scales are necessary to facilitate biomimetic advancement. Originality/value The results of the first survey and an analysis of the perceptions of staff members in private companies in Japan are provided to show the challenges in the social implementation of biomimetics. The results can be referred to for the social implementation of biomimetics in emerging countries. The method of this study can be applied to an international comparative analysis in future research.

Death Duties. By K. Mcfarlane, ll.d., of the Estate Duty Office. [London; Stevens & Sons, Ltd.1948. viii and 123 and (index) 4 pp. 4s. net.] - Palmer's Company Guide. A Manual of Everyday Law and Practice. Thirty-sixth edition. By J. Charlesworth, ll.d., of Lincoln's Inn, Barrister-at-Law. [London: Stevens & Sons, Ltd.1948. x and 276 and (index) 20 pp. 6s. 6d. net.] - Palmer's Private Companies. Their Formation and Advantages and the Mode of Converting a Business into a Private Company. Forty-first edition. By J. Charlesworth, ll.d., of Lincoln's Inn, Barrister-at-Law. [London: Stevens & Sons, Ltd.1949. viii and 98 and (index) 4 pp. 3s. net.] - Local Councils and the Citizen. By R. Simon, m.a., Assistant Solicitor, City of Kingston-upon-Hull. [London: Stevens & Sons, Ltd.1948. ix and 188 and (index) 9 pp. 5s. net.] - Marriage, Separation and Divorce. By H. B. Grant, m.a., of Gray's Inn and the South-Eastem Circuit, Barrister-at-Law; Formerly Senior Scholar, Trinity College, Cambridge; Lord Justice Holker Senior Scholar, Gray's Inn. [London: Stevens & Sons, Ltd.1948. vii and 120 and (index) 4 pp. 4s. net.] - Partners and the Law. By Elman Peter, m.a., of the Middle Temple, Barrister-at-Law. [London: Stevens & Sons, Ltd.1948. vii and 81 and (index) 3 pp. 4s. net.] - Landlord and Tenant. Second edition. By R. Borregaard, m.a., of the Inner Temple, Barrister-at-Law. [London: Stevens & Sons, Ltd.1949. x and 87 and (index) 15 pp. 4s. net.]

1949 ◽  
Vol 10 (2) ◽  
pp. 341-343
Author(s):  
T. E. L.
Keyword(s):  
Trinity College ◽  
The South ◽  
Private Company ◽  
Private Companies ◽  
Sixth Edition ◽  
Senior Scholar ◽  
The Law

scholarly journals PLANEJAMENTO TRIBUTÁRIO: SALDO CREDOR ICMS NAS EMPRESAS

2020 ◽  
Vol 9 (1) ◽  
pp. 100-119
Author(s):  
Clari Schuh ◽  
Augusto Caetano Maria ◽  
Marco Aurélio Batista de Sousa
Keyword(s):  
Tax Planning ◽  
Qualitative Approach ◽  
Communication Services ◽  
Descriptive Research ◽  
Fertilizer Industry ◽  
State Tax

O Imposto sobre Operações Relativas à Circulação de Mercadorias e sobre Prestação de Serviços de Transporte Interestadual, Intermunicipal e de Comunicação (ICMS), é um dos que mais onera as empresas brasileiras. O acúmulo de saldo credor deste imposto constitui um problema tributário, pois nem sempre conseguem compensar com os débitos de suas operações, pois se trata de um imposto Estadual. Neste contexto, o estudo objetivou investigar qual é a melhor forma de uma indústria de fertilizantes se utilizar do seu saldo credor do ICMS. Em termos metodológicos, o estudo caracteriza-se como uma pesquisa descritiva com abordagem qualitativa do problema. O levantamento dos dados deu-se por meio de documentos disponibilizado pela empresa e a legislação vigente, onde foram levantados os créditos de ICMS dos Estados referente saldo em 2015, que a empresa atual. Após, verificado as opções que a legislação prevê e efetuados os cálculos, analises e projeções necessárias, verificou-se que a opção menos onerosa é vender os créditos de ICMS para terceiros.Palavras-Chave: Saldo Credor. ICMS. Crédito acumulado. Planejamento tributário. TAX PLANNING: ICMS CREDIT BALANCE IN COMPANIESAbstract: The tax on operations related to the circulation of goods and on the provision of interstate, intermunicipal and communication services (ICMS) is one of the most burdensome Brazillian companies. The accumulation of credit balance of this duty constitutes a tax problem, since not everytime they compensatte with the debts of its operations, because its a state tax. In this contexto, the study aimed to investigate what would be the best way of a fertilizer industry use its ICMS credit balance. The study is marked as a descriptive research with qualitative approach of the situation. The survey of data took place through documents made available by the company and the current legislation where the ICMS credits of the states were gathered, refering to the balance in 2015, generated by the company. After verifying the options predicted by the legislation and made the necessary calculations, analysis and projections, it was found that the least costly option is to sell ICMS credits to third parties.Keywords: Credit balance. ICMS. Tax Planning.

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