Work

Automatic Exchange of Information (AEoI) for Indonesian Tax Purposes: Economic Analysis of Law Approach

Year: 2022

Type: article

Abstract: The aim of this paper was to examine the application of the Automatic Exchange of Information (AEoI) agreement through the point of view of Economic Analysis of Law Theory. This study used a normative legal method with a statute approach, conceptual approach, and comparative approach. The result of this study indicated that: first, AEoI has caused a relocation of deposits but has not led to significant repatriation of funds. The least compliant country of AEoI receives incentives in the form of transferring funds from countries that are aggressively implementing AEoI. Hence, in general, it does not change the amount of funds managed abroad. Second, by using game theory: prisoner's dilemma, it is known that the best decision for Indonesia to respond to the AEoI is to conduct a moratorium on the AEoI agreement.

Source: Lex Scientia Law Review

DOI: 10.15294/lesrev.v6i1.55143

Authors: Putu Gede Arya Sumerta Yasa, Seguito Monteiro, Bima Kumara Dwi Kumara Dwi Atmaja, Kadek Agus Sudiarawan, Ni Komang Tari Padmawati

Institutions: Udayana University, Universidade de Díli

Language: English

Topic: Taxation and Legal Issues

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

Funder: Universitas Udayana