VALUATION OF ART GOODS TO INCREASE TAXES ON IMPORT THROUGH COLLABORATIVE GOVERNANCE

Abstract

Many studies show that art objects, including paintings, are used as an investment portfolio. From 2021 to 2023, there was an increase in the value of imported paintings entering Indonesia. The government needs to supervise imported art objects to increase state revenue by collecting import duties and taxes on imports. This study investigates the potential for state revenue if supervising imported paintings involves government appraisers. This study uses a qualitative and quantitative descriptive approach using the theoretical basis of collaborative governance. The results found that there is potential for tax revenue if the customs value of imported paintings is adjusted to the results of the appraisal by government appraisers. There is an opportunity to form a joint standard operating procedure to effectively supervise imported goods through collaborative governance efforts, both between internal agencies of the Ministry of Finance and involving external parties. This study is expected to provide a tiger for further research on applying collaborative governance in the public sector.