Ilomata International Journal of Tax and Accounting
Ilomata International Journal of Tax and Accounting serves as the journal that is devoted exclusively to accounting research. Its primary objective is to contribute to the expansion of knowledge related to the theory and practice of accounting in Indonesia, by facilitating the production and dissemination of academic research throughout the world. The scope of the journal covers all areas of accounting. To encourage the growth of Indonesian accounting research and practice, this journal let it open to all approaches to research, including, but not limited to analytical, archival, case study, conceptual, experimental, and survey methods.
Articles
247 Documents
<![CDATA[The Influence of Operating Cash Flows, Investments Cash Flow, and Funding Cash Flow on the Company Value in Technology Sector ]]>
<![CDATA[Herman]]>;
<![CDATA[Randy Chaidir]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.780
<![CDATA[Investors use the company value as one of the benchmarks in investing the capital since the value is generated from the share price with the basis of the company performance and the public assessment on that performance. The company value can be measured by Price Earning Ratio (PER), Price Book Value (PBV), and Tobin's Q. Price Book Value is selected in this research as its measurement. The research subjects were technology-based companies listed in the Indonesian stock exchange. From the data obtained, it was indicated that there were fluctuations in the value of technology-based companies. This is a dilemma for both the companies and the investors on the grounds that not only the management but also the investors expect the company value to consistently increase. The research sample were 28 companies that met the criteria, within the periods of 2019-2022. The method used was quantitative research with multiple regression analysis as its analytical tool. The results indicated that the operating cash flow, the investment cash flow, and the financing cash flow have no effects on the firm value.]]>
<![CDATA[The Effects of Green Innovation, Eco-Efficiency, Business Strategy, Technology Information Investment, and Profitability on Firm Value ]]>
<![CDATA[David Silaban]]>;
<![CDATA[R.Rosiyana Dewi]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.791
<![CDATA[The current economic growth is in line with the increase in the number of business units and the growth in the number of business units is believed to not only have positive but also the negative effects on the environment and the earth. For this reason, current investment decisions by stakeholders are also seen from the company's effort and contribution to the environmental improvement. This study aims to determine the effects of green innovation, eco-efficiency, business strategy, information technology investment, and profitability on firm value in companies listed on the Indonesia Stock Exchange. In this research, the sources are taken from the annual report, sustainability report and information on the company website. The research sample comprising 125 companies that met the criteria and are listed on the Indonesia Stock Exchange in 2019-2021. The sampling technique used was purposive sampling and the hypothesis testing in this study is multiple linear regression analysis. The results of this study indicate that cost leadership strategy and profitability have a positive effect on firm value. while green innovation, eco-efficiency, differentiation strategy, and information technology investment have no effect on firm value.]]>
<![CDATA[An Empirical Study on the Effects of Managerial Competence on Firm Profitability ]]>
<![CDATA[Beny Mwenda]]>;
<![CDATA[Magwana Ngollo]]>;
<![CDATA[Amosi Mwasota]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.794
<![CDATA[Profits are generated by managing assets and using them wisely to create revenues that exceed costs. This study aimed to analyse the effects of managerial competence on firm profitability listed in the Dar es Salaam stock exchange (DSE). The quantitative research design was used to collect, analyse and interpret data in this research while Panel Regression Model was selected to analyse the influence of Managerial competence on profitability of listed firms. POLS technique was used to check robustness and Diagnostic tests were used to meet the criteria of regression analysis. The regression analysis indicate that managerial competence had a significant effect on firm profitability. Raising managerial competence has the potential to significantly increase business profitability, as managers play a key role in an organization's overall functioning. The researchers suggested that shareholders should thoroughly analyse potential managers' competencies and credentials before allocating managerial duties since hiring a competent management team is likely to have a beneficial impact on the firm's profitability. Shareholders should strive to reduce the risk of choosing managers who lack the requisite abilities to maximize the firm's profitability by performing due diligence in the selection process.]]>
<![CDATA[Dimensions in the Adoption of Philippine Tax E-Payment Channels in Paying Income Taxes Among Individual Taxpayers ]]>
<![CDATA[Lord Eddie I. Aguilar]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 4 (2023): October 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i4.796
<![CDATA[Time has entered the digitized era where electronic systems have penetrated transactions, including taxation, simplifying processes among taxpayers for better revenue collection. With the aim of helping tax authorities in administering revenue collection, the study determines the factors influencing the adoption of the Philippines tax e-payment channels in paying income taxes among individual taxpayers and develop a research framework that illustrates the relevance and structure of the extracted factors. Using the Technology Acceptance Model (TAM) and the Unified Theory of Acceptance and Use of Technology (UTAUT) as a guide model, the study applies the quantitative research method as the research design. The assumption of the adoption of e-payment channels in paying income taxes among individual taxpayers is multifaceted that is based on the perception of the relative technology system. An Exploratory Factor Analysis (EFA) was employed to analyze a dataset of 110 respondents using random sampling collected through modified questionnaires. The study revealed that perceived usefulness, perceived benefit, perceived trust, social influence, facilitating conditions, and perceived cost influence the adoption of the BIR e-payment channels in paying income taxes among individual taxpayers in Davao City.]]>
<![CDATA[The Tax Revenue from Agriculture and Manufacturing Sectors in Lower Middle-Income Countries with Exchange Rate as a Moderating Variable ]]>
<![CDATA[Destiny Wulandari]]>;
<![CDATA[Suparna Wijaya]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.798
<![CDATA[Middle-income trap triggers the middle-income countries to boost their economic growth. As tax revenue has causal relationship with economic growth, it is essential to conduct a study on how to improve tax revenue. Considering the potential of agriculture and manufacturing sectors in lower middle-income countries, particularly in East Asia and Pacific Regions one of which is Indonesia, this study aims to determine the effects of both sectors on tax revenue in the respective regions. This study uses exchange rate as moderating variable and foreign direct investment (FDI) as control variable. The utilization of the two variables becomes the novelty of this study since researches that uses the two variables have never been conducted. In addition, no references of former studies concerning the effects of the two sectors on tax revenue in lower middle-income countries found. The research is conducted from 2002 to 2019 by using panel data multiple linear regression analysis method. By using fixed effect model and ridge regression model, it is indicated that before the moderation is carried out, agriculture has a negative effect and manufacture has a positive effect on tax revenue. However, after the variables are moderated with exchange rate, the interaction of agriculture and exchange rate has positive effect on tax revenue, while the interaction of manufacture and exchange rate has negative effect on tax revenue. This study implies that to optimize a country's tax revenue, apart from focusing on optimizing agriculture or manufacture, exchange rate condition needs to be considered.]]>
<![CDATA[Tax Revenue, FDI, and Agricultural Sector: A Dynamic Interaction with Regulatory Quality as the Moderation ]]>
<![CDATA[Firda Maharani Anwar]]>;
<![CDATA[Suparna Wijaya]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
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DOI: 10.52728/ijtc.v4i3.799
<![CDATA[This study aims to analyze the effect of Foreign Direct Investment (FDI), and share of agriculture on Tax Revenue in ASEAN countries with Regulatory Quality as the moderating variable. The research method used is descriptive quantitative with panel data regression analysis and the econometric model is estimated by Panel Corrected Standard Errors (PCSE). The result indicates that FDI, share of agriculture, regulatory-quality-moderated FDI and share of agriculture simultaneously have a significant effect on Tax Revenue. Partially, the result shows that FDI has a positive and significant effect on Tax Revenue. Regulatory Quality and Share of Agriculture have no effect on Tax Revenue. Furthermore, Regulatory Quality weakens the positive relationship of FDI and Tax Revenue, whereas Regulatory Quality strengthens the negative relationship between Share of Agriculture and Tax Revenue. Based on the generated results, there will be a necessity for government to create a comprehensive economic and fiscal policy to increase tax revenue and to strengthen the tax base in the ASEAN countries.]]>
<![CDATA[Input-Output Analysis: Which Tax Incentive for Natural Resources Downstream Is Suitable for Indonesian Economy? ]]>
<![CDATA[Destiny Wulandari]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 4 (2023): October 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i4.833
<![CDATA[Indonesian government's policy to promote downstream natural resources leads to tax incentives policy intended to encourage the downstream. This study focuses on corporate income tax incentives in the form of net income reduction (tax allowance according to Article 31A of the Income Tax Law) by 30 percent for 6 years or corporate income tax reduction (tax holiday according to Minister of Finance Regulation Number 130/PMK.010 /2020) by 100 percent or 50 percent. Despite the positive or negative impact of tax incentives enactment argued in the previous studies, this study will calculate the impact on the economy provided by the mentioned tax incentive schemes quantitatively and will analyze which tax incentive scheme gives the greater impact on the economy. The analysis was carried out by using input-output analysis method to calculate the impact from output approach on secondary data in the form of the latest input output table released by Badan Pusat Statistik i.e., 2016 input output table. The result of the study shows that tax incentive in the form of tax holiday with income tax reduction by 100 percent provides greater impact on the economy than the others do. The total impact is getting greater and shows comparable results as the tax incentive rate increases. However, the result of this study implies that the implementation of tax incentives still needs the right tax incentive policy design to gain the expected results.]]>
<![CDATA[The Determinants of Tax Revenue in the Context of International Transactions in the Latin America and Caribbean (LAC) Regions 2002-2019 ]]>
<![CDATA[Hendiva Tri Nugraha]]>;
<![CDATA[Suparna Wijaya]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.843
<![CDATA[Tax revenue is one of the backbones of economy in almost every country in the world. There are several determinants that influence the amount of tax revenue in one country, one of which is international transaction activities. Such activities can partly be presented by three variables; Foreign Direct Investment (FDI), Trade Openness (TO), and External Debt. This study aims to acknowledge the effects of international transaction experienced by a country regarding its tax revenue. External Debt is used as a moderating variable to the effects of FDI and TO on tax revenue. The data source was taken from the World Bank within the period of 2002-2019 in 19 countries around LAC regions. The study implements an associative quantitative method with PCSE regression. The result showed that FDI affects tax revenue negatively, whereas trade openness and external debt affect tax revenue positively. External debt as a moderating variable strengthens the effect of FDI and weakens the effects of trade openness to tax revenue. Further research is expected to include all the LAC countries, add more variables relevant to the international transactions, and renew the research period.]]>
<![CDATA[Searching For Tax Revenue Determinants in N-11: The Moderating Role of Regulatory Quality ]]>
<![CDATA[Emilio Pascal]]>;
<![CDATA[Suparna Wijaya]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 3 (2023): July 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i3.844
<![CDATA[This study aimed to analyze the effects of the agricultural sector and the Foreign Direct Investment (hereinafter referred to as FDI) on tax revenue in The Next Eleven (N-11) countries. In this research, a moderating variable of regulatory quality was used. The data were obtained from the World Bank and analyzed using panel data regression. The dependent variable in this study was tax revenue, whereas the independent variables comprised the agricultural sector, the FDI, the agricultural sector moderated by regulatory quality, the FDI moderated by regulatory quality, and the regulatory quality. The results indicate that all independent variables simultaneously affect tax revenue. However, when investigating partially, FDI, the agricultural sector moderated by regulatory quality, and regulatory quality have a positive effect on tax revenue while FDI moderated by regulatory quality shows a negative effect on tax revenue. As for the agricultural variable, a significant effect on tax revenue was not shown. It is recommended that governments in N-11 countries focus on developing quality regulations in another sector, particularly agriculture, and encourage foreign investments since these two aspects are proven to increase tax revenue.]]>
<![CDATA[Fringe Benefits in Tax Law: Matching Principle and Tax Justice Perspective ]]>
<![CDATA[Heriantonius Silalahi]]>;
<![CDATA[Budi Kurnia]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 4 No. 4 (2023): October 2023 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
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DOI: 10.52728/ijtc.v4i4.870
<![CDATA[This study addresses a significant issue within Indonesia's income tax policy, focusing on the taxation of fringe benefits and non-monetary compensations. Fringe benefits, being non-monetary rewards granted to employees, have gained prominence in various sectors' remuneration structures. The evolving landscape of in-kind taxation, encompassing natural elements, prompts inquiries into the determinants of tax imposition choices and their equity ramifications. The study aims to explore the income tax perspective on fringe benefits and non-monetary gains, emphasizing the applicability of the matching principle and its implications for equitable taxation. Despite the rising importance of fringe benefits, scholarly discourse on the alignment of conformity principles with in-kind taxes remains sparse. Therefore, this study offers a fresh contribution in comprehending this matter. Employing both a policy analysis and taxation approach, the study draws data from literature, tax statutes, and the latest economic reports. The findings underscore the significance of integrating the conformity principle in the taxation of fringe benefits and non-monetary rewards. This integration can augment the efficiency and transparency of state financial management, curbing detrimental tax avoidance practices that undercut state revenue. In summary, this study validates that adopting the conformity principle in taxing fringe benefits and non-monetary gains holds the potential to bolster state revenue and enhance fiscal management efficiency. The research's implications can guide policy makers in refining the national tax framework and fostering equitable taxation in Indonesia.]]>
