Accounting on value added tax in Indonesia (Case Study of PT. Capella Dinamik Nusantara)

Abstract

To increase domestic income, the government of Indonesia has made available various facilities for tax payers. Tax payers are now regarded as "subjects" rather than as "objects". This means that the tax payer had to self- asess their own taxes. This is in accordance with the tax regulation which requires the tax payers to self-assess their taxes with good will, and this may indicate the actual business activities and the regulation's consistent application. The writer intended to evaluate the accountancy treatment on the value added tax that has been carried out by PT. Capella Dinamik Nusantara, Banda Aceh branch, in order to determine whether the treatment was correct or not. In addition, this research was also aimed at understanding how the credited tax had been done by the company. The needed data were directly obtained from PT. Capella Dinamik Nusantaras, Banda aceh branch, and from the Banda Aceh 's tax office. For theoretical consideration, the writer turned to books, journals, articles and so on, dealing with accountancy in general and tax accountancy in particular. The obtained data were collected from the respondents, namely, those who were directly involved in tax matters in one way or another. They were collected through two techniques, observation and interview. The data were analyzed quantitatively, where the findings were compared to the theoritical backgrounds. Finally, the research result indicated that the accountancy treatment on the value added tax as implemented by the given company was in fact in accord with the theoritical guide lines or considerations. The writer therefore believed that the accountancy treatment on value added tax at PT. Capella Dinamik Nusantara could be considered good.