Tax Sustainability: The Effectiveness and Contribution of Land and Building Taxes to Regional Original Revenue in Yogyakarta City, Indonesia
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 03
Abstract
The principle of decentralization has been emphasized since the existence of regional autonomy to manage its resources. Various regional regulations that originally had to be approved by the central government in advance, can be set by regional heads independently. With regional autonomy, it is hoped that the investment procedure will be easier so that the potential of the region can be utilized as much as possible to increase Regional Original Revenue (PAD) in the region. Tax revenue is one of the sustainable aspects in order to increase Regional Original Revenue. Land and Building Tax in Indonesia (PBB) has the potential to support regional revenue in order to implement regional autonomy and development. The aims of this study are: (1) to determine the growth of Yogyakarta's land and building tax revenue in 2016-2020, (2) to determine the effectiveness of Yogyakarta's land and building tax revenue based on 2016-2020 clarification, (3) to determine the contribution land and building tax on local revenue of Yogyakarta in 2016-2020. The population in this study is the government of the Yogyakarta City. This study uses a quantitative descriptive method. Data collection techniques through documentation, interviews and observation. The data used in this research is (radom sampling). That is, in this study, it is secondary data, namely data collected from the Regional Assets and Management Agency in the form of reports on the Realization of Land and Building Taxes and Regional Original Revenue (PAD) of Yogyakarta during the 2016-2020 period. Potential land and building taxes and the realization of local revenue. Data were analyzed using effectiveness analysis, and contribution analysis. The results of the study can be concluded (1) The highest land and building tax growth was obtained in 2020 of 116.99% and the lowest growth was obtained in 2018 of 101.87%. (2) Land and building tax revenue in Yogyakarta Municipality based on the clarification of 20216-2020 is very effective. (3) Yogyakarta Municipality's land and building tax revenue contributes less to the Regional Original Income.
Authors and Affiliations
Wulan Dari, Samsul Bakri, Nany Noor Kurniyati, Anamonce Sondega
Keywords
Related Articles
- EP ID EP706932
- DOI 10.47191/jefms/v5-i3-01
- Views 87
- Downloads 0
Navigating Risk: A Deep Dive into Credit Risk Management Practices and Loan Performance in Kenya's Fintech Frontier
This study aimed at evaluating how credit risk management practices affect the loan performance of Fintech companies in Kenya. In particular, the study determined how credit terms, credit analysis, and credit mitigation...
The Effect of Good Corporate Governance Mechanism, Leverage,and Profitability on Tax Avoidance
This study aims to examine the effect of good corporate governance (GCG) mechanisms, leverage, and profitability on tax avoidance. The GCG mechanism is measured by several elements, such as the board of directors, indepe...
Revaluation Asset Determinants toward Company’s Value
This study’s objective is twofold. The first is to determine the effect of the investment opportunity set, leverage, and liquidity on fixed asset revaluation decisions. The second objective is to examine the effect of fi...
The Effect of Implementation of Integrated Reporting on Company Value
This study aims to find out how the effect of the application of integrated reporting elements on the reporting of LQ 45 companies listed on the Indonesia Stock Exchange in 2018 on company value in the period after the i...
Exploring the Mediating Effect of Social Media Perception on Green Beauty Products Purchase Intention: The Evidence from Indonesia
Amidst the growing beauty industry in Indonesia, several local beauty brands have embraced the theme of sustainable beauty or produced environmentally friendly beauty products to reduce pollution impact and pay closer at...