Vatcredit Oninventory Acquisition When Taxable Entrepreneurshave Not Producedin The Business Sector Of Apartments In Indonesia

Suparna Wijaya ,Nurul IsyatulFarda

Indonesia is a country with a high population and in 2018 it reaches 265 million people. A large number of residents will be aligned with the increase in primary needs, one of which is a place to live. Along with the limited land available in the cities of the market, the developer began to look to offer a place to live with the concept of an apartment. When building an apartment, the developer spends an insignificant amount of money from the acquisition of land inventory until the completion and delivery of the apartment unit to the buyer. The purpose of this study is to analyze the provisions that have been applicable for taxable entrepreneurs who have not produced (not yet sold) with the provisions of Minister of Finance Regulation Number 31/PMK.03/2014. The results of this study indicate that apartments from land to units handed over to buyers are inventories (assets that were originally intended to be traded) so that the input tax can be credited. However, related to the acquisition of capital goods, then use the provisions of Minister of Finance Regulation Number 31/PMK.03/2014. Nevertheless, some interpretations do not require crediting the Input Tax on the acquisition of inventories until they are not yet productive.

Volume 12 | Issue 2

Pages: 2407-2417

DOI: 10.5373/JARDCS/V12I2/S20201288