POTENTIALS FOR TAX RECEPTION IN LUXURY GIOK STONE IN INDONESIA

Abstract

Law Number 42 Year 2009 explains that the types of stones such as agate are included in goods
that are not taxed. However, in Ministerial Regulation Number 130/PMK.011/2013, agate or
jade types include taxed goods with a tax rate of 75% (seventy-five percent). This causes a
contradiction between the laws. Whereas, every item that is subject to sales tax on luxury goods
will also be subject to added value. Hence, this study aims to analyse the potential tax revenue
on jade luxury goods in Indonesia. The study method used is normative legal research through
the statute and conceptual approach. The results showed that basically all goods have their own
tax provisions. However, the law provides specific restrictions related to value added and
additional taxes. On the other hand, despite contradictions in legislation, the existence of jade
or precious stones has its own value that makes it a luxury item to be subject to additional taxes.
Thus, it can be concluded that every item used by the public has a tax value. However, this
value is different, depending on the applicable uses and needs.