Assessing the Role of Exemption Certificates in Minimizing Import Income Tax Article 22 Prepayments: A Case Study of PT Sumber Alfa Makmur

Abstract

This research analyzes tax planning and the use of Certificate of Exemption (SKB) to minimize prepaid income tax article 22 on import (Study case at PT Sumber Alfa Makmur). The research approach employed by the author is a qualitative descriptive research approach. The data used in this study are primary and secondary data obtained from interviews with the Financial and Accounting Manager, as well as payment and transaction records of the company. The data analysis method utilized in this research is the descriptive qualitative analysis method. The research findings indicate that the absence of the Tax Exemption Certificate (SKB) in 2018 compelled the company to pay a substantial amount of advance income tax under Article 22 on imports, totaling Rp1,268,342,344, which negatively affected the company’s cash flow. In 2019, the company obtained the SKB in May, which reduced the amount of prepaid tax to Rp522,863,656. Meanwhile, in 2020, the company had obtained the SKB since the beginning of the year and no longer had to pay advance tax, even receiving a tax refund from the Directorate General of Taxes.