Tax Incentive on Subsidized Housing in Kupang City

DOI

10.2991/aebmr.k.201116.038How to use a DOI?

Keywords

tax incentive, schedular income tax, value added tax, subsidized houses

Abstract

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.

Copyright

© 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/).

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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  -