Are State Tax Amnesty Programs Associated with Financial Reporting Irregularities?

Buckwalter, Neal; Sharp, Nathan Y.; Wilde, Jaron H.; Wood, David А.

doi:10.1177/1091142113499397

Cited by 17 publications

(10 citation statements)

References 51 publications

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“…This shows that tax amnesty is difficult to have long-term effects, especially on state revenues. The results of this study are in line with research by Buckwalter (2014) The tax amnesty programs is not suggest for the government to conduct a repeated series, as it would destroy the government's credibility [21].…”

Section: Descriptive Analysissupporting

confidence: 87%

How the Tax Amnesty Affects the State Revenue Tax Sector in Indonesia

Henna¹,

Fermansyah²,

Sulistiyono³

2019

Proceedings of the the First International Conference on Islamic Development Studies 2019, ICIDS 2019, 10 September 2019, Banda

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Tax amnesty be elected by governments in several countries to increase tax revenue. This study was made on the effect of the tax amnesty on the tax revenue of the state tax sector. This research was quantitative research. To collect the data and information obtained, the researcher used secondary data from dashboard tax amnesty and APBN report per July 1, 2016-March 31, 2017. This research used tax amnesty and state revenue of tax sector. Data analysis was done by using simple linear regression analysis with eviews for Window Version 8. The result of this research indicated that tax amnesty had no significant effect to increase tax revenue of state in Indonesia.

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Section: Descriptive Analysissupporting

confidence: 87%

How the Tax Amnesty Affects the State Revenue Tax Sector in Indonesia

Henna¹,

Fermansyah²,

Sulistiyono³

2019

Proceedings of the the First International Conference on Islamic Development Studies 2019, ICIDS 2019, 10 September 2019, Banda

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“…The study shows that in order to have an efficient tax amnesty effect, the government should avoid their long-term duration and their frequent application as it would have a detrimental effect on taxpayer behavior. The study done by Buckwalter et al (2014, p. 796) [5], explore the link between tax amnesty and financial reporting irregularities. The survey results reveal that firms based in countries that apply a tax amnesty program are more likely to begin to engage in financial reporting irregularities during the amnesty period.…”

Section: Literature Reviewmentioning

confidence: 99%

The Social, Economic and Fiscal Effects of Tax Amnesty the Evidence from Kosovo

Abdurrahmani¹,

Doğan²

2019

IJME

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Tax amnesty as a common practice has a very important place in the fiscal literature. Empirical evidence suggests that tax amnesties in the short term can increase collection of tax revenues with very low cost. But on the other side tax amnesties can give quite negative effects over the long term through discouraging regular taxpayers’ from their unequal treatment. In this study we have addressed the effects of tax amnesty in the Republic of Kosovo. Based on the survey research with taxpayers’ and through analyses we have defined the attitudes and behaviours of each type of taxpayers’ regarding the social, economic and fiscal effects of tax amnesty in the country. Based on the participation level of the taxpayers’ judgments regarding the effects of tax amnesties, the results have revealed five main judgments according to their level of importance.

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“…However, there are several studies in other countries. For example, the previous research about tax amnesty in the United States of America according to Buckwalter, Sharp, Wilde, & Wood (2014) showed that "firms headquartered in states offering a tax amnesty program are more likely to begin engaging in a financial reporting irregularity during the amnesty period (page 4)." "Amnesty programs for tax-shelter investors have already proven to be successful in two states-California and New York-and would appear to be logical for states to put into place (page 62)."…”

Section: Tax Amnestymentioning

confidence: 99%

An Accounting Perspective of Tax Amnesty in Indonesia

Natania¹,

Davianti²

2018

JAAB

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In 2016, the Indonesian government has issued a new tax program, which is tax amnesty. The application of tax amnesty was driven by of the global economic downturn, due to the decreasing trading activity, followed by the increasing prices of the export-import activity. In addition, the tax ratio in Indonesia is considered to be too low compared to other neighboring countries. However, as anticipated, the implementation of tax amnesty requires global information disclosures, particularly repatriation fund from overseas investments. For example, in addition to banks in Indonesia, Singapore is one of a place to invest. According to The Jakarta Post (2016), more than a half of Singapore’s economy is supported by Indonesian business people with an estimation of US$200 billion in private banking assets and 40 percent of the island’s total private banking assets. Such investments are to be disclosed in tax amnesty program. This particular disclosure as in Automatic Exchange of Information (AEoI) will start in 2018 and also the revision of banking regulation to disclose data for taxation. AEoI is already agreed in Group of Twenty’s (G-20) meeting last February in China (Merah Putih Bisnis, 2016). After arrived in this situation, taxpayers cannot conceal their asset anymore from the tax authority. The disclosures will include financial proxy war such as assets protection scheme and international planning that will inflict country financial loss (Aliandu, 2016). The Indonesian government also considered tax amnesty as a way out to solve its economic problems. Therefore, the underlying perception for that consideration is that tax amnesty is expected to gain more funds from tax based on disclosing the repatriation fund from overseas investments.

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Are State Tax Amnesty Programs Associated with Financial Reporting Irregularities?

Cited by 17 publications

References 51 publications

How the Tax Amnesty Affects the State Revenue Tax Sector in Indonesia

How the Tax Amnesty Affects the State Revenue Tax Sector in Indonesia

The Social, Economic and Fiscal Effects of Tax Amnesty the Evidence from Kosovo

An Accounting Perspective of Tax Amnesty in Indonesia

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