Exchange of Tax Information: Indonesia Experience, Developing Country Implications

Thesa Adi Purwanto

2019

Abstract

This study aims to discuss Indonesia’s experience in the Automatic Exchange of Tax Information (AeoI) implementations. This study employs a qualitative approach, using the content analysis technique. Secondary data were collected from journals and other sources of literature. The results depict that Indonesia has exchanged information to 57 jurisdiction partners in 2018. Automatic Exchange of Information is now a reality, and a powerful tool to improve tax compliance is up and running. This situation represents a significant step forward in international cooperation on tax transparency, ushering in a new era where the automatic exchange of financial information for tax purposes is the norm. In theory, this study contributes to the diversity of views regarding the use of Inclusive Framework that applied in the Automatic Exchange of Information, especially from the side of developing countries. With Indonesia’s experience overtaken, the adoption of the Automatic Exchange of Information standard on a global scale would equip all developing countries with the ability to address the illicit flow of money to locations which result in tax avoidance. The principal purpose of exchanging information is to provide developing countries with information which allows them to protect their tax base and limit their exposure to revenue leakage.

Paper Citation

in Harvard Style

Adi Purwanto T. (2019). Exchange of Tax Information: Indonesia Experience, Developing Country Implications. In Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE, ISBN 978-989-758-530-2, pages 534-543. DOI: 10.5220/0010704200002967

in Bibtex Style

@conference{icvhe19,
author={Thesa Adi Purwanto},
title={Exchange of Tax Information: Indonesia Experience, Developing Country Implications},
booktitle={Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE,},
year={2019},
pages={534-543},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010704200002967},
isbn={978-989-758-530-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE,
TI - Exchange of Tax Information: Indonesia Experience, Developing Country Implications
SN - 978-989-758-530-2
AU - Adi Purwanto T.
PY - 2019
SP - 534
EP - 543
DO - 10.5220/0010704200002967