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Government: Import Tax Push Net Export

By administrator | September 7, 2018 | Tax.

Import Tax Push Net Export. The Government decided on raising income tax (PPh) section 22 against 1,147 imported goods. This policy would be see pressing the imports, but encourage special economic export manufacturing. This policy is also integrate with efforts to strengthen domestic industry so that manufacturing exports can be increase.

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Income tax PPh 22 increase will positively impact on net exports that contributed to the growth of gross domestic product (GDP), in the middle of the trade balance is still low. Imports should start is press, not least for imports of consumer goods. Its impact should be pressing of the value of goods trade deficit so that the contribution of net exports to GDP are also better.

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In addition, the economic impact of the increase in the import of this section PPh 22, potentially grow the purchasing power and consumption of households. However, this impact is judge not as big an impact on the growth of net exports.

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