Automatic Exchange of Information (AEoI) for Indonesian Tax Purposes: Economic Analysis of Law Approach

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Putu Gede Arya Sumerta Yasa
Seguito Monteiro
Bima Kumara Dwi Kumara Dwi Atmaja
Kadek Agus Sudiarawan
Ni Komang Tari Padmawati


The aim of this paper was to examine the application of the Automatic Exchange of Information (AEoI) agreement through the point of view of Economic Analysis of Law Theory. This study used a normative legal method with a statute approach, conceptual approach, and comparative approach. The result of this study indicated that: first, AEoI has caused a relocation of deposits but has not led to significant repatriation of funds. The least compliant country of AEoI receives incentives in the form of transferring funds from countries that are aggressively implementing AEoI. Hence, in general, it does not change the amount of funds managed abroad. Second, by using game theory: prisoner's dilemma, it is known that the best decision for Indonesia to respond to the AEoI is to conduct a moratorium on the AEoI agreement.

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How to Cite
Yasa, P. G. A. S., Monteiro, S., Atmaja, B. K. D., Sudiarawan, K. A., & Padmawati, N. K. T. (2022). Automatic Exchange of Information (AEoI) for Indonesian Tax Purposes: Economic Analysis of Law Approach. Lex Scientia Law Review, 6(1), 157-186.
Author Biographies

Putu Gede Arya Sumerta Yasa, Faculty of Law, Universitas Udayana

Dr. Putu Gede Arya Sumerta Yasa, S.H., M.Hum, a Lecturer at the State Administrative Law Laboratory at the Faculty of Law, Universitas Udayana. He currently serves as the Dean of the Faculty of Law, Universitas Udayana for the period of 2020-2024 and previously was the Coordinator of the Master of Law Study Program at Universitas Udayana. His last publication was: Position of Fictitious Positive Administrative Decisions as Dispute Object of State Administrative Court: Indonesia Omnibus Law Perspective published in the Journal of Legal, Ethical and Regulatory Issues in 2021.

Seguito Monteiro, Faculty of Law, Universidade Dili

Dr. Seguito Monteiro, S.H., M.H, a Lecturer of Faculty of Law, Universidade Dili, Dili, Timor Leste. One of his publications was Potential Investor Claims and Possible State Defenses During the Covid-19 Emergency which was published in the Sriwijaya Law Review Journal in 2021.

Bima Kumara Dwi Kumara Dwi Atmaja, Faculty of Law, Universitas Udayana

Bima Kumara Dwi Atmaja, S.H., M.H, a junior Lecturer at Faculty of Law, Udayana University. He graduated from Postgraduate at the Master of Law Study Program at the University of Indonesia Jakarta. His last publication raised issues related to the relationship between law and economics, entitled “Determinant Law on Economics or Economic Determinants on Law?”, which published in the Journal of the Faculty of Law, Sriwijaya University in 2021.

Kadek Agus Sudiarawan, Faculty of Law, Universitas Udayana

Kadek Agus Sudiarawan, S.H., M.H, a Lecturer in the Procedural/Judicial Law Lab at the Faculty of Law, Universitas Udayana. He is currently active on the Editorial Board of several Journals of the Faculty of Law Universitas Udayana and serves as the Secretary for Managing the Journal of the Faculty of Law Universitas Udayana. His last publication was: Classification of Industrial Relations Disputes Settlement in Indonesia: Is It Necessary? published in the Hasanuddin Law Review, Issues in 2022.

Ni Komang Tari Padmawati, Faculty of Law, Universitas Udayana

Ni Komang Tari Padmawati, an undergraduate law student at Faculty of Law, Universitas Udayana, Bali. She is currently participating in various moot court competitions both nationally and internationally. In 2021, she was awarded as an Outstanding Student of the Faculty of Law, Universitas Udayana.


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