Tax Incentive on Subsidized Housing in Kupang City
- 10.2991/aebmr.k.201116.038How to use a DOI?
- tax incentive, schedular income tax, value added tax, subsidized houses
Regulation of tax incentive is regulation issued by the government that aimed to provide easiness in taxation especially for process of subsidized houses ownership by applying the schedular Income Tax at rate of 1% and exemption of Value Added Tax. This paper provides an explanation for schedular income tax and exemption of Value Added Tax on the transactions of rights transfer against the land and/or building on the transactions of subsidized houses, analyzing supporting and inhibiting factors during the implementation of tax incentive. This paper was kind of descriptive research with qualitative approach, focusing on one local authority area in Kupang city. The result is an increase in households deciding to buy subsidized homes. especially for the lower middle class. However, there is still a lack of campaign media related to the ease of purchasing subsidized houses and the asynchronous regulation between the state tax rate and the local tax rate.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Damas Dwi Anggoro AU - Rosalita Rachma Agusti AU - Katharina S. Sarman PY - 2020 DA - 2020/11/17 TI - Tax Incentive on Subsidized Housing in Kupang City BT - Proceedings of the 2nd Annual International Conference on Business and Public Administration (AICoBPA 2019) PB - Atlantis Press SP - 188 EP - 191 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201116.038 DO - 10.2991/aebmr.k.201116.038 ID - Anggoro2020 ER -