Juridical Analysis on Government Regulation in Lieu of Law (PERPPU) Number 1 of 2017 on Access to Financial Information for Tax Purposes, Bank and Costumer Confidentiality

DOI

10.2991/icoposdev-17.2018.8How to use a DOI?

Keywords

banking information, confidentiality, tax purpose

Abstract

World public awareness and compliance on tax payment obligations remain very low. Nowadays, there is a new agreement concerning Automatic Exchange of Financial Account Information. As the participant in the agreement, Indonesia is obliged to ratify the implementation of the agreement through Government Regulation in Lieu of Law (PERPPU) Number 1 of 2017 on Access to Financial Information for Tax Purposes. There will be a consequence of the existence and implementation of the PERPPU to Customer Confidentiality, particularly on the customer's trust to the bank. When the data of the customer are made available and open, the customer's trust to the bank could be reduced. Consequently, customers may withdraw their money from the bank. While it is critical to the bank to maintain the trust, but compliance is another aspect that banks must enforce. In order to find the solution, this study applied Juridical Normative approach method and focused on two elements: background and the consequences of the PERPPU Number 1 of 2017 on Access to Financial Information for Tax Purposes.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Satria Braja Hariandja
AU  - Ningrum Sirait
PY  - 2017/10
DA  - 2017/10
TI  - Juridical Analysis on Government Regulation in Lieu of Law (PERPPU) Number 1 of 2017 on Access to Financial Information for Tax Purposes, Bank and Costumer Confidentiality
BT  - Proceedings of the International Conference on Public Policy, Social Computing and Development 2017 (ICOPOSDev 2017)
PB  - Atlantis Press
SP  - 38
EP  - 42
SN  - 2352-5398
UR  - https://doi.org/10.2991/icoposdev-17.2018.8
DO  - 10.2991/icoposdev-17.2018.8
ID  - Hariandja2017/10
ER  -