Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)

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Driving Digital Business Growth: Pursuing Harmonization Between Technological Advancements and Tax Regulations

Authors
Novriansyah Novriansyah1, *, Nurfi Irwanda1, Bambang Bambang1
1Master of Law, Kader Bangsa University, Palembang, South Sumatera, Indonesia
*Corresponding author. Email: novriansyahukb@gmail.com
Corresponding Author
Novriansyah Novriansyah
Available Online 31 December 2023.
DOI
10.2991/978-2-38476-180-7_127How to use a DOI?
Keywords
Finance; Taxation; Digital Business
Abstract

The rapid advancement of technology has dramatically transformed the business landscape, particularly in the context of digital business involving various business models such as digital platforms, digital product sales, and online advertising. However, the existing tax regulations are not fully aligned with these digital business models, necessitating legal improvements and adjustments to enable the government to collect taxes fairly from this sector. This research discusses the need for legal improvements in the financial and taxation regulations of digital businesses. Factors to be considered include electronic payments, cross-border transactions, digital taxes, and taxation for digital business actors. Appropriate and technology-responsive legal improvements will provide a solid foundation for the growth of digital businesses and bring benefits to the government in collecting taxes fairly while maintaining justice within the taxation system. Through legal research and policy analysis, this study provides insights into the importance of legal improvements in the financial and taxation regulations of digital businesses. The implementation of appropriate regulations will create a healthy and innovative ecosystem in the digital era, promote sustainable growth of digital businesses, and enhance the trust of business actors and consumers in utilizing digital technology in their business activities.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 December 2023
ISBN
10.2991/978-2-38476-180-7_127
ISSN
2352-5398
DOI
10.2991/978-2-38476-180-7_127How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Novriansyah Novriansyah
AU  - Nurfi Irwanda
AU  - Bambang Bambang
PY  - 2023
DA  - 2023/12/31
TI  - Driving Digital Business Growth: Pursuing Harmonization Between Technological Advancements and Tax Regulations
BT  - Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
PB  - Atlantis Press
SP  - 1246
EP  - 1256
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-180-7_127
DO  - 10.2991/978-2-38476-180-7_127
ID  - Novriansyah2023
ER  -