Assets and Liabilities Related to Tax Amnesty on Financial Statement of Listed Companies

DOI

10.2991/apbec-18.2019.38How to use a DOI?

Keywords

tax amnesty, tax amnesty assets, accounting for tax amnesty assets and liabilities

Abstract

This study analyzed the participation of companies listed on the Indonesian Stock Exchange in 2016 in response to tax amnesty, based on industry classifications, the presentation of assets and liabilities related to tax amnesty, and disclosures of assets related to tax amnesty. Methods of descriptive qualitative research are adopted in this study, along with content analysis, applied to data from financial statements of listed companies’ financial statements in 2016. The results of the analysis show that, of a sample of 559 companies, 194 (34.7%) participated in the 2016 tax amnesty. There were two alternatives to the presentation of assets and labilities in the context of this tax amnesty, which were separately from other assets and liabilities, a path followed by 25 companies, and together with other assets and liabilities that, used by 169 companies. Among the 194 companies, 46, or 23.71%, did not disclose the net value of their tax amnesty assets, and 131, or 72. 29%, recorded the net value tax amnesty assets as additional paid-in capital.

Copyright

© 2019, 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/).

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TY  - CONF
AU  - Soni Okabrian
AU  - Dwi Martani
PY  - 2019/07
DA  - 2019/07
TI  - Assets and Liabilities Related to Tax Amnesty on Financial Statement of Listed Companies
BT  - Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)
PB  - Atlantis Press
SP  - 288
EP  - 292
SN  - 2352-5428
UR  - https://doi.org/10.2991/apbec-18.2019.38
DO  - 10.2991/apbec-18.2019.38
ID  - Okabrian2019/07
ER  -