Social Science
The Effect of Inflation, Rupiah Exchange Rate, and Population on Value Added Tax (VAT) Revenue During the Covid-19 Pandemic
Imelda Dian Rahmawati,
Linna Wulandari
Peer Reviewed
Abstract
This study aims to determine the Effect of Inflation, Rupiah Exchange Rate, and Population on Value Added Tax (VAT) Revenue During the Covid-19 Pandemic (Study at Kpp Sidoarjo Selatan Regional Office). This study uses quantitative methods with secondary data as a data source. This research was conducted at the Tax Office in Sidoarjo. In this study, it is time series data from 2018 to 2020 where 3 years X 12 months = 36 observations. In this study, non-probability sampling technique used in this study was saturated sampling. The data analysis technique used in this study is Multiple Linear Regression with SPSS 26 data processing tools. The results of this study indicate that inflation has an effect on VAT receipts during the Covid-19 pandemic, Exchange rates, and the number of residents affect VAT receipts during the Covid-19 pandemic.
Key Questions
How did inflation impact VAT revenue during the Covid-19 pandemic?
The study found that inflation significantly affected VAT receipts during the pandemic period. This suggests that changes in the general price level influenced consumer spending patterns, thereby impacting tax revenues.
What was the effect of the Rupiah exchange rate on VAT revenue amid the pandemic?
Fluctuations in the Rupiah's exchange rate were found to have a significant impact on VAT revenue. A weaker Rupiah could increase the cost of imported goods, potentially affecting consumption and, consequently, VAT collections.
In what way did population changes influence VAT revenue during this period?
The research indicated that population size had a significant effect on VAT receipts. A larger population may lead to higher consumption levels, thereby increasing VAT revenue.
What methodology was used to assess the impact of these factors on VAT revenue?
The study utilized a quantitative approach, analyzing time series data from 2018 to 2020. Multiple linear regression analysis was conducted using SPSS 26 to determine the effects of inflation, exchange rates, and population on VAT revenue.
What are the implications of these findings for tax authorities and policymakers?
Understanding the significant influence of inflation, exchange rates, and population on VAT revenue can help tax authorities and policymakers develop strategies to stabilize tax income, especially during economic disruptions like the Covid-19 pandemic.
