AN INTEGRATIVE MODEL OF TAX INCENTIVES AND FINANCIAL LITERACY FOR THE PERFORMANCE OF TASIKMALAYA MSME
Keywords:
tax incentives, financial literacy, fiscal policy, moderation model, MSMEAbstract
This article develops an original model on the effect of tax incentives on the financial performance of MSMEs by adding financial literacy as a moderating variable. The development was carried out through a conceptual synthesis of research on 100 MSMEs in Tasikmalaya Regency and empirical literature on financial literacy. The results of the baseline study indicate that tax incentives have a positive and significant effect on financial performance, with a regression coefficient of 0.907, a t-value of 17.1897, and an R² of 0.654. The literature synthesis indicates that financial knowledge, skills, attitudes, and behaviors help MSME owners translate tax savings into more effective working capital, record-keeping, cost control, and investment decisions. The revised model allows financial literacy as a strengthening factor in the relationship between tax incentives and financial performance. This article does not report moderation coefficients because the initial research instrument did not measure financial literacy; the model was prepared as a follow-up empirical design that differs from the original study.
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