Tax Dispute Analysis 0f Surface Water Tax (Review Decision Number 2791/B/PK/PJK/2019)

The surface water tax creates different perceptions due to differences in the imposition of taxes regulated in regional regulations and contracts of work, one of which contains tax provisions that apply specifically. This study discusses a review of the arguments for the Judicial Review Decision Number 2791/B/PK/PJK/2019). This study uses literature research methods. The results of this study concluded that the panel of judges granted the appeal applicant on the basis that the Papuan provincial government could not collect surface water tax because it was not in accordance with article 32A and article 33A of the income tax law and the contents of the contract of work.

The Possibility of Applying Fair Value According to IFRS 13 to Achieve Tax Justice in Determining Taxable Income in Iraq: An Applied Study

The research aims to determine the importance of adopting the General Tax Authority in Iraq fair value accounting in determining taxable income by highlighting the failure to apply the historical cost that leads to misleading the users of the financial statements because of the unrealistic and inappropriate information they contain, as well as explaining the role of applying fair value in achieving The basic qualitative characteristics of accounting information in a manner that leads to determining taxable income more closely to justice after being amended according to the applicable income tax law. And analyzing the company's reports so that income is measured according to the fair value on the basis of the IFRS 13, which is subsequently modified according to the applicable income tax law to reach the measurement of taxable income in Iraq as well as the preparation of the Balance sheet In light of this, this measurement is generalized to all Contracting companies listed in the market. The researcher reached a set of conclusions, the most important of which is that the use of fair value accounting in accordance with the IFRS 13 in the contracting sector contributes to providing consistency in accounting measurement and disclosure practices, providing relevance and faithful representation information that is the basis for achieving fairness in tax accounting and recommendations.

Pengenaan Pajak Penghasilan (PPH) atas Peralihan Hak atas Tanah atau Bangunan

The imposition of income tax on land and buildings is the imposition of tax with applicable provisions and is carried out by individuals or legal entities. The purpose of this study is to reveal the regulation regarding the imposition of income tax on the transfer of rights to land and or buildings and the mechanism for imposing income tax on the transfer of rights to land and or buildings. The research method used is normative legal research with a statutory approach and a conceptual approach. The sources of legal materials used are primary, secondary and tertiary sources of legal materials. The materials that have been obtained are then analyzed using qualitative analysis techniques where the assessment is carried out deductively, in order to produce data that is descriptive analytical. The results of the study reveal that the regulation regarding the imposition of income tax on land and buildings is carried out in accordance with the provisions in Article 4 paragraph (2) letter (d) of the Income Tax Law, in which the imposition of taxes is absolute. On this basis, the imposition of income tax including the nature, amount and procedure for its payment, as well as its withholding and collection is regulated by PP. 71 Year 2008. And the mechanism of imposition of taxes has been regulated in PP no. 34 of 2016 especially in article 2 paragraph (1).

Mapping Kesiapan Wajib Pajak terhadap Berakhirnya Penggunaan Peraturan Pemerintah No 23 Tahun 2018

This study aims to determine the extent of the readiness of taxpayers in the transition to the use of government regulation no. 23 of 2018 (PP 23/2018) towards the use of tariffs in Article 17 of the Income Tax Law (UU PPh). The purpose of issuing PP 23/2018 is the government's policy in simplifying taxpayers in carrying out tax administration, but PP 23/2018 can not always be applied but there is a limited period of use as a form of taxpayer learning taxpayers to improve taxpayer compliance. The research sample was determined by snowball and purposive sampling, namely taxpayers in the form of limited shares with data obtained from observations, interviews and documentation. The data analysis technique used is the Miles and Hubberman qualitative analysis technique. The results of the study indicate that taxpayers have understood in carrying out bookkeeping but understanding of Article 17 of the Income Tax Law is still low, taxpayers have not received information about the time limit for using PP 23/2018. Keywords: PP 23/2018; Bookkeeping; Article 17 of the Income Tax Law.

ANALISIS PERUBAHAN KETENTUAN SUBJEK PAJAK ORANG PRIBADI PADA UNDANG-UNDANG CIPTA KERJA TERHADAP PAJAK PENGHASILAN ORANG PRIBADI DAN MOBILITAS SUMBER DAYA MANUSIA

Reformasi pajak dalam Undang-Undang Cipta Kerja memuat ketentuan baru terkait subjek pajak orang pribadi yang cukup berbeda dengan Undang-Undang Pajak Penghasilan, seperti kriteria subjek pajak orang pribadi, pengecualian pajak beberapa penghasilan luar negeri, serta penerapan skema pajak khusus bagi warga negara asing yang telah menjadi subjek pajak dalam negeri. Ketentuan baru tersebut dapat berdampak pada basis pajak penghasilan, pergeseran sistem pajak menuju sistem teritorial, penyimpangan prinsip keadilan akibat perbedaan perlakuan pajak, serta mobilitas sumber daya manusia akibat keringanan pajak yang ditawarkan dalam skema pajak khusus. Penelitian ini menganalisis potensi dampak tersebut menggunakan metode kepustakaan dengan teknik dokumentasi. Faktanya, Undang-Undang Cipta Kerja tidak mengubah narasi Pasal 4 Ayat (1) Undang-Undang Pajak Penghasilan sehingga sistem pajak Indonesia masih memiliki kecenderungan terhadap sistem worldwide. Keringanan pajak dalam skema pajak khusus juga tidak berpengaruh signifikan terhadap mobilitas sumber daya manusia, terutama tenaga kerja asing, karena respon mobilitas tidak hanya bergantung pada kebijakan pajak. Kemudian, pengecualian pajak beberapa penghasilan luar negeri dan penerapan skema pajak khusus juga tidak dilakukan secara cuma-cuma, melainkan diiringi syarat untuk menempatkan investasi di Indonesia dan melakukan alih pengetahuan. Dengan demikian, potensi penurunan basis pajak dan penyimpangan prinsip keadilan harus disikapi dengan bijaksana dan berorientasi pada prospek manfaat di masa mendatang. Job Creation Act contains new provisions related to individual tax subjects that are quite different from the Income Tax Law. Those provisions include criteria for individual tax subjects, tax exemptions for some foreign incomes, and the application of special tax schemes. Those provisions can affect the income tax base, shifting the tax system into a territorial system, create injustice issues from different tax treatments, and transform the mobility of human resources due to tax facilities in special tax schemes. This study analyzes those potential impacts using the library method. Stated that the Job Creation Law does not change the sentence of Article 4 Paragraph (1) of the Income Tax Law so that Indonesia still tends a worldwide system. The special tax schemes do not have a significant effect on the mobility of human resources because the mobility response not only depends on tax policies but also on other factors. Then, the new tax exemptions and the special tax schemes are not applied for free but accompanied by conditions to invest in Indonesia and transfer knowledge. Thus, the potential reduction in the tax base and tax injustice issues must be addressed wisely and oriented to the prospect of future benefits.

Tax Administration Issues on Revenue Recognition after IFRS 15 Adoption in Indonesia

This study aims to provide a brief and analytical reporting on IFRS 15 adoption in Indonesia into PSAK 72 related to Income Tax and Value Added Tax issues that may arise. We use literature studies to collect data and strengthen it with in-depth interviews of taxpayers, PSAK standard setter, tax consulting practicioner, and Directorate General of Taxes official. Our findings demonstrate the need for entities to consider taxation issues that may arise due to revenue recognition developments. Unconformity that may arise between accounting and tax requires the entity to explain these differences by documenting them early. Taxpayers need to underline the burden of compliance arising from the IFRS 15 adoption, which is the compliance costs in the form of mark-to-market and realization taxation. In implementing PSAK 72 to align with the realization principle in the Income Tax Law, the taxpayer compliance cost will increase by making detailed fiscal reconciliations. From the VAT perspective, the Tax Paying Entrepreneurs need to make contract adjustments with the counterparty to ensure that the time of supply is the basis for determining the VAT payable. This research presents the gap between accounting and taxation so that it can be a lesson for application in other countries.

5. Income tax

Everyone needs to pay income tax, so whilst it is not necessary for every lawyer to have knowledge to the same extent of a specialist tax lawyer or a financial advisor, it remains essential for every lawyer to have sufficient knowledge and understanding to be able to undertake basic income tax calculations, understand the stages in those calculations, any applicable reliefs and how they work, therefore enabling them to recognise the impact of income tax on both clients and themselves. This chapter discusses the background to income tax law; the role of HMRC in the collection of income tax and the dates for payment of income tax; sources of taxable income. rates of income tax, reliefs and allowances; the key elements to an income tax calculation. This chapter covers the changes introduced by the March 2021 Budget.

System of Zakat and Ushr – A Paradigm Shift after Eighteenth Amendment to the Constitution of Pakistan

Zakat and Ushr are important instruments of the Islamic fiscal system. It is an obligatory practice of Islam aiming to help the society and give the deprived ones a better life and opportunities. The fundamentals of the Zakat and Ushr system are clearly defined by Shariah however, its collection and distribution is the responsibility of the state. In this regard, Zakat and Ushr Ordinance 1980 was implemented in Pakistan. The 18th Constitutional Amendment was notified in the Gazette of Pakistan on April 20, 2010. This amendment has redefined the structural contours of the state through a paradigm shift from a heavily centralized to a predominantly decentralized federation. In this regard ministry of Zakat and Ushr was devolved at the federal level and powers were given to provinces to make legislations regarding the subject. After this change provinces made the respective legislations for Zakat and Ushr. In this article, this provincial legislation is reviewed to find out their harmony with the Income Tax Law and practical steps are suggested to achieve the very purpose of these legislations. These steps will increase the collection of Zakat and Ushr that would be helpful to alleviate the poverty and overcome the financial problems of our masses predominantly from agricultural areas of Pakistan. This paper aims to discuss the role of zakat and Ushr as a mechanism for poverty eradication. For this article, qualitative research methodology is used. The content analysis method is adopted for comparison, quantify and analyze the data. Available data on the subject, both in Shariah and conventional law, has been analyzed in detail.

Accounting for Inventory from a Commercial Point of View

Inventory control is a very important managerial function because the physical inventory of many companies involves the largest investment in current assets. The main purpose of inventory accounting is to determine periodic profit and loss through the process of bringing together the cost of goods sold with the sales proceeds in one accounting period and determining the amount of inventory to be presented in the balance sheet. This paper aims to describe the accounting for inventory from a commercial point of view. The method used in this study is qualitative in nature with a descriptive approach. The results showed that the main functions of inventory are to avoid delays in goods, loss of goods and with the presence of inventory, the company's operations can continue to run so that services to consumers can be carried out as well as possible. More specifically, the main functions of inventory are the decoupling function, economic lot-sizing function, and anticipation function. As the inventories become subject to regulations in Indonesia, the study also highlights the purposes of calculating the income tax of inventories. Article 10 paragraph (6) of the Income Tax Law states that inventories must be valued at cost. Therefore, if the taxpayer makes an assessment based on a method other than cost, an adjustment is required.