Analysis of Income Tax Liability Implementation at ABC Corporation

Punamawati Helen Widjaja

doi:10.7176/rjfa/12-10-08

Abstract

In Indonesia, tax is the main source of state revenue that is used maximally for the general public's welfare. Tax collection is one of Indonesia's important things, where most of the revenue comes from income tax. This study aims to analyze the corporate income tax liability at ABC Coporation, which is under Law Number 36, the Year 2008. The research method uses a descriptive analysis method. The calculation of tax liabilities in this study is divided into several income tax articles, and fiscal corrections are made on the company's income statement. The results showed that ABC Corporation calculates, payment and reports Corporate Income Tax under Law Number 36 of 2008. Keywords: Calculation, Payment, Reporting, Corporate Income Tax, Law Number 36 Year 2008 DOI: 10.7176/RJFA/12-10-08 Publication date: May 31 st 2021

Highlights

Taxation in Indonesia has developed since the pre-colonial era, and tax collection is important for the Indonesian state
The types of transactions, tax imposition base amount, and the rates are under Law Number 36 the Year 2008
That ABC Corporation can be categorized as a Corporate Taxpayer who complies with the current tax regulations

Summary

Introduction

Taxation in Indonesia has developed since the pre-colonial era, and tax collection is important for the Indonesian state. Taxes mentioned in Article 23A of the 1945 Constitution are compulsory levies for state needs as regulated in law. Taxes are the largest and most important source of state income in Indonesia. The state can carry out national development to improve people's welfare. National development that the state can carry out can be to improve educational facilities, health facilities, public facilities, and development in areas that are still underdeveloped so that the welfare of the people in each region is equal. The government must increase efforts to understand the importance of taxes so that taxpayers have the awareness to pay and report taxes according to the actual conditions

Objectives

Methods

Findings

Conclusion