The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia

Tengku Eka Susilawaty ; Nancy Mayriski Siregar ; Rifqy Cheviandri
Proceeding. of The International Conference on Bus... 📅 2024 Vol 2, No 2 🔗 DOI: 10.56444/icbeuntagsmg.v2i2.2211
Abstract
This study aims to explore and empirically test the impact of Gross Domestic Product (GDP) and inflation on value-added tax (VAT) receipts. The research was conducted in Indonesia over the period from 1993 to 2022, using a sample of 30 observations on GDP, inflation and VAT. The sampling method employed was non-probability sampling with a saturation sampling technique, where the entire population was used as the sample. The analysis technique applied was multiple linear regression. The results indicate that, individually, GDP has a significant effect on VAT receipts (t-value > t-table) 2.064 > 2.059; an increase in GDP is likely to enhance VAT receipts due to the increase in household income, which supports the consumption of goods and services. In contrast, inflation does not have a significant effect on VAT receipts (t-value < t-table) 1.470 < 2.059; despite rising inflation, VAT receipts remain stable due to government policies on price controls, subsidies, and other measures to stabilize prices. Collectively, GDP and inflation together account for 98.2% of the effect on VAT receipts. Future research is recommended to include additional variables from both internal and external factors, such as government policies or global economic conditions, to gain a deeper understanding of other determinants affecting VAT receipts beyond GDP and inflation.
Keywords
Value-added Tax; Gross Domestic Product; Inflation
How to Cite

Tengku Eka Susilawaty, et al. (2024). The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia. Proceeding. of The International Conference on Business and Economics, 2(2). https://doi.org/10.56444/icbeuntagsmg.v2i2.2211

Tengku Eka Susilawaty; Nancy Mayriski Siregar; Rifqy Cheviandri, "The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia," Proceeding. of The International Conference on Business and Economics, vol. 2, no. 2, 2024.

Tengku Eka Susilawaty; Nancy Mayriski Siregar; Rifqy Cheviandri. "The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia." Proceeding. of The International Conference on Business and Economics, vol. 2, no. 2, 2024.

Tengku Eka Susilawaty; Nancy Mayriski Siregar; Rifqy Cheviandri. "The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia." Proceeding. of The International Conference on Business and Economics 2, no. 2 (2024).

Tengku Eka Susilawaty, et al. (2024) 'The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia', Proceeding. of The International Conference on Business and Economics, 2(2). doi: 10.56444/icbeuntagsmg.v2i2.2211.

Tengku Eka Susilawaty; Nancy Mayriski Siregar; Rifqy Cheviandri. The Effect of Gross Domestic Product and Inflation on Value-Added Tax Revenue in Indonesia. Proceeding. of The International Conference on Business and Economics. 2024;2(2).

Artikel Terkait

The Effect of Digital Payment Implementation and Transaction Security on the Development of MSMEs with Financial Stability as a Mediating Variable(A Study of SMEs in Sorong City)

Kurniati, Wenty; Gifelem, Yowel Oktofianus

The Influence of E-Marketing Capability and Customer Engagement on SME Marketing Performance with Customer Trust as an Intervening Variable

Hui Nee, Au Yong; Sugiyarti, Gita; Mardiyono, Aris

The Moderating Role of Leadership Support in Transformational Relationships Digital and Organizational Innovation towards Sustainable Performance

Nadhif Faishal, Agus; Rosabilla, Moudy

From Institutional Sustainability to Human Behavioral Engagement: An Adaptive Governance Perspective in the Mining Sector – A Literature Review

Ansari, Majid; Englishtina, Inti; Dwi Putranti, Honorata Ratnawati

Transformational Leadership and Work-Life Balance on Job Satisfaction: The Mediating Role of Employee Engagement

Puspita, Arum; Hui Nee, Au Yong

The Influence of Digital Leadership and Digital Culture on Organizational Performance thru Techno-Work Engagement at the Immigration Office Class I Special Check Point Semarang

Efrilia, Marisa; Viviorini; Sugiyarti, Gita
Tren Sitasi Jurnal