4 Tax Benefits, For Development To Control Inflation

Suara.com – Indonesian people are certainly no stranger to tax jargon for development. The jargon is not wrong, because one of the benefits of tax is for state development.

However, the tax benefits are not just for that. The tax.go.id site describes the four tax benefits in more detail as follows.

Budget Benefits (Budgetair)

As the main source of state revenue, the tax benefit is to finance state expenditures. To carry out routine tasks of the state and carry out development, the state needs money. This fee can be obtained from tax revenue.

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Today taxes are used for routine financing such as personnel expenditure, goods expenditure, maintenance, and so on. In addition, taxes are also used to finance development, money is removed from government savings, namely domestic revenues minus routine expenditures. This government savings from year to year must be increased according to the increasing need for development financing and this is mainly expected from the tax sector. In addition, taxes are a component of state revenues that function to pay foreign debts.

Income Redistribution Benefits

The taxes that have been collected by the state will be used to finance all public interests, including also to finance development so as to open up job opportunities, which in turn will increase people’s income. Here the tax is a component of income redistribution, namely an investment for development that can equalize employment and income.

Benefit Settings (Regularend)

Another tax benefit is to regulate economic stability because the money in circulation can meet economic needs. The government can regulate economic growth through tax policies. Taxes can be used as a means to an end. For example, in the context of driving investment, both domestically and abroad, various tax relief facilities are provided. In order to protect domestic production, the government imposes high import duties on foreign products.

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Stability Benefits

Source: Suara.com – Berita Terbaru Bisnis, Ekonomi, Investasi Indonesia by www.suara.com.

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