Ilomata International Journal of Tax and Accounting

Examining the Management Impact: A Literature Review on the Phasing Out of Cheques in South Africa

2025-02-03T09:09:05+00:00

The South African Reserve Bank, along with other financial authorities, announced that as of December 31, 2020, the acceptance or issuance of cheques as a valid form of payment would cease. This study seeks to explore the management implications of this decision, considering the developing economic landscape of this country. A qualitative approach was employed, utilizing existing literature to gain insights into the potential impact of discontinuing cheques. The findings suggest that changes will be necessary for businesses and financial houses to accommodate new digital payment solutions and educate vulnerable persons. source documents, impacting the resolution of discrepancies.

The Influence of Tax Dispute Resolution Mechanisms: Legal Contributions of Tax Consultants and Tax Attorneys in Indonesia

2025-02-10T05:11:28+00:00

This study examines the roles of tax consultants and tax attorneys in resolving tax disputes in Indonesia, emphasizing their contributions to tax compliance, dispute resolution, and litigation. As tax regulations become increasingly complex, taxpayers encounter significant challenges in understanding and fulfilling their tax obligations, mainly when disputes arise with the Directorate General of Taxes. The involvement of tax professionals is essential in mitigating risks, ensuring compliance, and navigating intricate legal frameworks. Despite extensive research on tax compliance and litigation as separate subjects, limited studies explore the complementary functions of tax consultants and attorneys in the Indonesian context. This paper addresses this gap by analyzing their collaborative roles in providing advisory services, representing clients in disputes, and safeguarding taxpayer rights. This study uses a qualitative research methodology to review relevant tax regulations and incorporates insights from interviews with tax professionals. The findings reveal that tax consultants primarily assist in tax planning, compliance, and dispute prevention, while tax attorneys focus on legal representation and advocacy in tax litigation. Their collaboration is instrumental in minimizing financial penalties, expediting dispute resolution, and enhancing taxpayer confidence. Strengthening the synergy between these professions can lead to a more effective tax administration system, fostering fairness, legal certainty, and improved taxpayer trust in Indonesia’s tax regime.

Combating Climate Changes Through Fiscal Policies in Developed World: Key Insights for Indonesia from Scandinavian Green Tax Scheme

2025-02-26T04:01:07+00:00

Climate change remains a pressing global issue, necessitating innovative fiscal policies to mitigate its impact. Green taxation, first conceptualized by Pigou in the 20th century, has emerged as a pivotal tool in encouraging sustainable practices while penalizing environmental degradation. This study examines the implementation of green tax policies in Denmark, Norway, and Sweden, highlighting their success in reducing emissions and fostering renewable energy adoption. Drawing lessons from these Scandinavian models, the research explores how Indonesia can tailor similar strategies to strengthen its green taxation framework. By adopting a comparative case study approach, this paper identifies critical success factors, including gradual implementation, public acceptance, and balancing economic and environmental goals. The findings aim to inform Indonesia's policymaking, enabling the alignment of fiscal policies with sustainable development objectives.

The Tax Impact Analysis in The Telecommunications Industry among Southern African Countries

2025-03-03T02:30:03+00:00

Developing countries apply numerous sector-specific taxes to telecommunications. This paper explores the tax burden and implication of multiple taxes on the telecommunications industry’s performance among South African countries. Through a comprehensive examination of the multiple taxes imposed among the countries under study, this study sought to provide an insightful discussion of the impact of multiple taxes on the performance and economic growth of telecoms companies. The aim of the paper is not only to provide a balance assessment and comparisons of tax policies but also to recommend possible ways for regulatory authorities and telecoms services to reap maximum benefits from taxes imposed, including how the different stakeholder groups can navigate the associated challenges effectively. The taxes vary from country to country, and they include Service Excises, Customs and Import Duties, Regulatory Fees, Value-Added Tax and Corporate Income Taxes surcharges. On the downside, challenges of multiple taxes include increased costs, reduced investments, slower expansion and consumer impact. To minimise on the challenges of multiple taxes, this study recommends tax incentives and regulatory stability.