Impact of Coal Sales on Revenue Sharing Fund And Environment in The South Sumatra Province

Abstract

Coal prices between 2006-2015 trend was fluctuate but tend to decrease every year and affect regional income, especially South Sumatra Province. Coal prices fluctuation are influenced by several factors, the decline of world oil prices, coal production surplus, and China imports restriction. Coal mining industry also give a direct impact to the environment especially effect to work environment for the company workers and the people environment around mining. The coal mining company absorbs local labor so as to increase local revenues from individual income taxes. This research use quantitative approach using Ordinary Least Square (OLS) analytical method with E-views 7 software. Multiple linier regression technique also applied. The Secondary data is time series of 2006 - 2015. The results presented in form of tables, images and narration. From this research can be drawn conclusion that price fluctuations have no effect on regional income, but production sold has an effect on regional income.

Keywords

• Sale
• price
• royalty
• Personal Income Tax Article 21
• and Personal Income Tax Article 25/29