Challenges and Strategies for Implementing Qualified Refundable Tax Credit in Indonesia

Muhamad Abdulrahman  SIDIQ; Supriyadi SUPRIYADI

doi:10.38142/jogta.v4i2.1677

Authors

Muhamad Abdulrahman SIDIQ State Finance Polytechnic STAN, Indonesia
Supriyadi SUPRIYADI State Finance Polytechnic STAN, Indonesia

DOI:

https://doi.org/10.38142/jogta.v4i2.1677

Keywords:

Qualified Refundable Tax Credit, Global Minimum Tax, Effective Tax Rate, Challenges and Strategies

Abstract

This study aims to analyze the policy-making process, challenges, and implementation strategies of the Qualified Refundable Tax Credit (QRTC) in Indonesia. The theories used are public policy, public policy implementation, and global minimum tax. The research method used is qualitative with a narrative approach. Primary data sources were obtained through interviews with policy makers, academics, and tax practitioners. Secondary data sources were obtained through literature reviews. The results of this study indicate that the Qualified Refundable Tax Credit is implemented as an addition to GloBE profits, so it is not very significant in reducing effective tax rates. The challenges and strategies for implementing the Qualified Refundable Tax Credit consist of communication, resources, disposition, and bureaucratic structure aspects. This study can be used as input for policymakers in implementing the Qualified Refundable Tax Credit in Indonesia.

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