Implementation of Final Income Tax on Savings Interest at Bank BRI KCP Tanjung Agung

Abstrak

Purpose: This study aims to analyze the implementation of Article 4, paragraph (2) of the Final Income Tax on savings interest at Bank BRI KCP Tanjung Agung Bandar Lampung, particularly its calculation mechanism and conformity with Indonesian tax regulations.

Research Methodology: This study adopted a descriptive qualitative approach. Primary data were collected through interviews and direct observations, while secondary data were obtained from regulations, literature, and supporting documents. Data were analyzed descriptively by comparing banks’ interest calculations and tax withholding practices with applicable tax provisions.

Results: The findings show that Bank BRI KCP Tanjung Agung calculates savings interest using the daily balance method. Interest is calculated automatically by the banking system and credited to customers’ accounts at the end of each month. Article 4 paragraph (2) Final Income Tax is withheld automatically at 20% for savings interest on balances above IDR 7,500,000.

Conclusions: The implementation of final income tax withholding on savings interest complies with applicable tax regulations. The automatic withholding system supports tax compliance, administrative efficiency, and legal certainty for both customers and banks.

Limitations: This study is limited to one banking institution and focuses only on savings interest calculation and final tax withholding.

Contribution: This study contributes to the banking taxation literature and provides practical insights for improving transparency in savings interest and tax information.