Tax Disputes Arising from Value Added Tax Treatment of Foreclosed Collateral Transactions
Abstract
This study aims to examine the underlying causes of value-added tax (VAT) disputes related to foreclosed collateral (AYDA). A case study approach was employed, utilizing a triangulation method that combined content and literature analysis with interviews conducted with tax consultants, auditors, and Tax Court judges. The findings indicate a rising trend in VAT disputes concerning AYDA, primarily driven by differences in interpretation between tax authorities and taxpayers. Additionally, inconsistencies between applicable regulations and the nature of taxpayers’ business operations contribute to these disputes. This research provides valuable insights into the factors leading to VAT disputes on AYDA and offers practical implications for reducing such conflicts. By identifying key areas of regulatory misalignment and interpretational discrepancies, the study contributes to the development of more effective tax policies and compliance strategies, ultimately helping to mitigate future disputes.
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References
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______. (2002). Law Number 14 of 2002 concerning the Court Tax .
______. (2009). Law Number 42 of 2009 concerning Fiduciary Guarantees.
______. (1998). Law Number 10 of 1998 concerning Banking.
______. (1996). Law Number 4 of 1996 concerning Human Rights Liability .
Dendawijaya, Lukman. (2006). Banking Management. Bogor: Ghalia Indonesia.
Dhani, Muhammad Firza. (2022). Analysis On The Implementation Of Collateral Takeover (AYDA) In Commercial Bank. [University of Indonesia]. https://lib.ui.ac.id/detail?id=29038164&lokasi=lokal .
Dilapanga, NM. (2021). Foreclosed Collateral: A Mechanism in Resolving Bad Credit. JISIP (Journal of Social Sciences and Education). Vol. 3 No.2.
Ellet, W. (2018). The Case Study Handbook a Student's Guide (Revised Edition). Harvard Business School Publishing.
Evelyn, E. (2014). Legal Efforts of Corporate Taxpayers Against Tax Audit Results. Premise Law Journal, Vol. 4, 2014.
Ferawati, Rofiqoh & Muhammad Solihin. (2017). “Contribution of Bank Syariah Mandiri Jambi Branch in Financing MSMEs in Jambi City.” Nur El-Islam 4(2): 188–209. https://www.academia.edu/download /56688140/80-149-1-SM.pdf .
Gunadi. (2012). Academic Study Report: Analysis of Value Added Tax Policy on Banking Services Activities (Asset Transfer, Collateral Taken Over and Free Provision). Depok: Center for Administrative Science Studies, Faculty of Social and Political Sciences, University of Indonesia.
Hills, Robert Waymire. (2019). Tax-Based Collateral Limitations, Borrowing Arrangements and Firm Value. Proquest Direct. University of Indonesia Library. Retrieved January 2, 2024.
Idham. (2016). Legal Analysis of Financing Institutions. The Journal of Justicia Sains. 1 (2). (42-61).
Bond Indonesian Bankers . (2014). Understanding Banking Business . Jakarta: Gramedia Pustaka Utama.
Kairupan, Andrew G. (2017). Legal Review of the Benefits of Financing Institutions in Modern Business in the Global Era. Journal of Lex Societatis. 5 (3).
Lestari, Rhisca Meci, Febriani, Ratu Eva & Putri, Novi Tri. (2021). The Influence of Bank Credit on Economic Growth of Provinces in Sumatra. The Journal of Economic Development . 3 (2), (179-195).
Mardiasmo. (2016). Taxation. Yogyakarta: Andi Publisher.
Mayanja, S.N., Mahazi, K., & Daniel, T. (2020). Effect of Tax Dispute Resolution Mechanism on Taxpayer's Compliance: The Case of Rwanda. Science Journal of Business and Management, 8(2), 74-82.
Nurnaini, Intan. (2016). Analysis of VAT Imposition on Sale of Foreclosed Assets (AYDA) Reviewed from the Legal Side (Case Study of PT Bank P). [University of Indonesia]. https://lib.ui.ac.id/detail?id=20494281&lokasi=lokal .
OJK. (2021). Banking Accounting Guidebook.
OJK. (2019). POJK No.40/ POJK.03/2019 concerning Asset Quality Assessment of Commercial Banks. Financial Services Authority.
Pandiangan, Liberti. (2020). Tax Court Procedure Law. Jakarta: Tax Court of the Republic of Indonesia.
Prabandari, et al.. (2021). Settlement of Credit Secured by Mortgage Rights with AYDA (Collateral Taken Over) Bank Through Auction. NOTARIUS, Volume 14 Number 1. 581-597.
Prakosa, KB (2006). Tax Law. Yogyakarta: UII Faculty of Economics Campus.
Puspitasari, Mega. (2017). Study of VAT Treatment on Foreclosed Collateral (AYDA) and Implications for Bank Business Activities. [University of Indonesia]. https://lib.ui.ac.id/detail?id=20498281&lokasi=lokal .
Official, Siti. (2011). Taxation Theory and Cases. Jakarta: Salemba Empat.
Ritonga, AA (2017). Introduction to Indonesian Tax Law and Taxation. Jakarta: Pustaka El Manar.
Rosdiana, Haula, Edi Slamet Irianto and Titi Muswati Purwanti. (2011). Value Added Tax Theory: Policy and Implementation . Bogor: Ghalia Indonesia.
Salim, H. (2012). Development of Guarantee Law in Indonesia. Depok: PT Rajagrafindo Persada.
Sari, AL (2023). Analysis of Tax Disputes on the Limitation of the Company's Debt and Capital Comparison. [University of Indonesia]. https://lib.ui.ac.id/detail?id=39710726&lokasi=lokal .
Sekaran, U., & Bougie, R. (2016). Research Methods For Business: A Skill Building Approach, 7th Edition (7th ed.). Wiley.
Sukardji, Untung. (2005). Value Added Tax, Revised Edition 2005. Seventh Printing. Jakarta: PT Raja Grafindo Persada.
Sundoro. (2004). Case study of Tax Court appeal. Semar Publishing.
Sutedi, A. (2011). Tax Law . Jakarta: Sinar Grafika.
Tambunan, Dora. (2020). Legal Analysis of Debtor Asset Takeover by Banks Through AYDA Against Collateral in the Form of Mortgage Rights in the Process of Which the Debtor is Declared Bankrupt. [University of Indonesia]. https://lib.ui.ac.id/detail?id=39098281&lokasi=lokal .
Ulum, Miftahul. (2023). Legal Uncertainty of the Implementation of Foreclosed Collateral (AYDA) Through Auction After Passing a Period of One Year as a Mechanism for Settling Bad Credit by Banks. [University of Indonesia]. https://lib.ui.ac.id/detail?id=48998281&lokasi=lokal .
Usman, Rachmadi. (2001). Legal Aspects of Banking in Indonesia, Jakarta: PT Gramedia Pustaka Utama.
Waworuntu, Margareta, Rotinsulu, Tri Oldy & Mandeij, Dennij. (2017). Banking Sector Role In Developing The Competitiveness of Micro Small and Medium Enterprises (SMEs) Indonesia to Enter Market MEA. Scientific Periodic Journal of Efficiency . 17 (1), (10-11).
Zulvina, S. (2011). Introduction to Tax Law Teaching Materials. Jakarta: State Accountancy College.
______. (2004). Bank Indonesia Regulation Number 6/25/PBI/2004 of 2004 concerning Commercial Bank Business Plans.
______. (2021). Law Number 7 of 2021 concerning Harmonization of Tax Regulations.
______. (2002). Law Number 14 of 2002 concerning the Court Tax .
______. (2009). Law Number 42 of 2009 concerning Fiduciary Guarantees.
______. (1998). Law Number 10 of 1998 concerning Banking.
______. (1996). Law Number 4 of 1996 concerning Human Rights Liability .
Published
2024-09-30
How to Cite
SIDABUTAR, Hartini Vera S.H.; NURYANAH, Siti.
Tax Disputes Arising from Value Added Tax Treatment of Foreclosed Collateral Transactions.
E-Jurnal Akuntansi, [S.l.], v. 34, n. 9, p. 2341-2350, sep. 2024.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/116794>. Date accessed: 22 feb. 2025.
doi: https://doi.org/10.24843/EJA.2024.v34.i09.p13.
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