Evaluation of the Utilization of Tax Incentive Policies during the Covid-19 Pandemic in the Framework of National Economic Recovery

Ratih Kumala,Ibrahim Abu Bakar

doi:10.52728/ijtc.v4i1.422

Abstract

Until now, Indonesia still faces Covid-19 and is still in the process of economic recovery. However, the Directorate General of Taxes (DGT) was able to achieve the target of 100% tax revenue according to the target mandated in the 2021 State Budget even before the close of the year. At the end of 2021 tax incentives that have been utilized in the framework of the National Economic Recovery Program have reached IDR 63.16 trillion (100.5%) from the ceiling of IDR 62.83 trillion. This achievement is thanks to the contributions of all Taxpayers who continue to be committed to paying taxes. On this achievement, the government continues to show improvement efforts that must be maintained momentum, in order to continue to the 2022 state budget. The purpose of this study is to find out and analyze the evaluation of the utilization of tax incentive policies during the covid-19 pandemic in the framework of national economic recovery. This research uses descriptive qualitative methods through literature studies. In the evaluation of the utilization of tax incentive policies during the Covid-19 pandemic, it was explained that this tax revenue is one of the many state revenues that participate in supporting the nation and the country.

Highlights

Almost all countries in the world are experiencing the Covid-19 pandemic
The Directorate General of Taxes (DGT) was able to achieve the target of 100% tax revenue according to the target mandated in the 2021 State Budget even before the close of the year
The achievement of tax revenues that continue to show improvement efforts must be maintained momentum, in order to continue to the 2022 state budget

Summary

Introduction

Almost all countries in the world are experiencing the Covid-19 pandemic. This pandemic has a very bad impact on the countries that experience it, because it harms health and affects the economic side of countries around the world, not least Indonesia (Resmi & Barmawi, 2022). To prevent the spread of the Covid-19 outbreak, policies are needed by implementing health protocols in the form of physical distancing and social restrictions because there is a link between Covid-19 control efforts and economic impacts (Baldwin & Tomiura, 2020).

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Conclusion