Indonesia Conference Directory

By virtue of the Law Number 9 of 2017 the government may access the financial information of the bank customer which is necessary for taxation purpose. This is in line with the international agreement on taxation which requires the participants to implement the Automatic Exchange of Financial Account Information (AEOAI). Banks have to adapt this new policy and make several changes in their services which potentially affect the bank customers. This paper tries to analyze this issue from academic point of view. Data collected through library research are analyzed using qualitative method. It is found that the adoption of the international tax policy brings about serious implication on the theory of banking secret which is significant for developing academic knowledge.