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Assessment Performance of the Property Tax in the Bogor City: Challenge of Tax Decentralization

GSTF Journal on Business Review

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Title Assessment Performance of the Property Tax in the Bogor City: Challenge of Tax Decentralization
 
Creator Damanhuri, Didin S.
Saefuddin, Asep
Gunadi, Gunadi
Hartoyo, Hartoyo
 
Description Bogor City Government with the approval of the parliament has been managing and implementing the property tax since the beginning of 2013. In order to keep the establishment of the assessment accurately and fairly, it is necessary to do assessment-sales ratio study. Ratio study results on home transactions in 2011 and 2012 showed that the assessment performance (Sales Value of Tax Object/SVTO performance) decreased.Assessment rate was below the sales price and decreased from a median of 0.930 (2011) to 0.848 (2012), while the variability of COD was 7.08 percent (2011) and became wider to 18.10 percent (2012), the assessment was more under-assessment with the z-value of 17.114 (2011) to 23.746 (2012), and the assessment was more regressive with the t-value of -1.987 (2011) to -3.644 (2012). Ratio study results of all property groups (kecamatan/sub-districts) in 2012 showed that the central tendency (median) ranged from 0.77 to 0.94, and the variability was (COD) between 14 percent and 21 percent.Testing assessment of all property groups (kecamatan) in the Bogor City in 2012 proved that the level of assessment in six property groups was under 100 percent, while two of the six property groups were regressive and a property group was progressive. To keep the assessment performance in each property group be uniform and fair, as well as to increase the potential tax, it is necessary to do a survey and valuation activities in order to make the assessment (SVTO) set to be more accurate and equity/fair. Since there is limited time, human resources and fund, it is necessary to set a priority for assessment corrective action; such as assessment adjustment, reassessment, reappraisal and possibility to review the land value zone and the building cost table.
 
Publisher GSTF Journal on Business Review (GBR)
 
Date 2017-12-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://dl6.globalstf.org/index.php/gbr/article/view/783
 
Source GSTF Journal on Business Review (GBR); Vol 3 No 2 (2014): Journal on Business Review (GBR)
 
Language eng
 
Relation http://dl6.globalstf.org/index.php/gbr/article/view/783/724
 
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