Research Article
Relaxing MSME’s in Tax Incentives During the Covid-19 Pandemic to Create Social Welfare
@INPROCEEDINGS{10.4108/eai.16-4-2022.2320152, author={Harry Budi Artono}, title={Relaxing MSME’s in Tax Incentives During the Covid-19 Pandemic to Create Social Welfare}, proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2022}, month={8}, keywords={umkm; incentive; tax}, doi={10.4108/eai.16-4-2022.2320152} }- Harry Budi Artono
Year: 2022
Relaxing MSME’s in Tax Incentives During the Covid-19 Pandemic to Create Social Welfare
ICLSSEE
EAI
DOI: 10.4108/eai.16-4-2022.2320152
Abstract
A very significant decline in economic activity in Indonesia began to be felt at the end of 2019 and will continue until 2021. The constraint in economic activity has an impact on reducing the Indonesian government's income, including from the tax revenue sector. The effect of this covid 19 has greatly reduced the income of large-scale businesses and also on micro, small and medium enterprises (MSMEs) spread throughout Indonesia. Indonesia reliably alludes to the idea of a Welfare State in which the state is expected to grow its liabilities to financial issues looked by the more extensive local area, particularly during the ongoing pandemic. The state is considered significant, even committed to mediate in different social-financial issues to guarantee the formation of shared success in the public arena. In response to this, the Indonesian government issued various policies in the aspect of taxation to maintain the country's economic and financial conditions