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"Bloomberg adalah salah satu aplikasi untuk mengetahui proses penghitungan harga aktual dan diagram keuntungan dari sebuah strategi derivatif. Tugas akhir ini membahas penghitungan harga aktual option, menginterpretasikan kurva forward mata uang, menghitung implied volatility dari nilai tukar mata uang, serta membahas indeks SKEW.

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Bloomberg is an application used by financial industry professionals to price derivative instruments and construct profitability diagrams of various derivative strategies. This final paper is discussing the features available on Bloomberg Terminal such as pricing options, interpreting currency forward, calculating implied volatility of currency exchanges and SKEW indexes."

"An introduction to the mathematics of financial derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus. Requiring only a basic knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects, updating others, and bringing new continuity to the whole."

"This text offers advanced undergraduates, MBA students and executives the theory and practical tools needed to price and hedge derivatives in the professional marketplace."

"Skripsi ini adalah suatu karya ilmiah yuridis normatif yaitu penelitian yang dilakukan melalui kepustakaan dengan melakukan perbandingan hukum. Latar belakang penelitian ini adalah dalam Undang-Undang No. 40 Tahun 2007 tentang Perseroan Terbatas ditemukan adanya keterbatasan untuk mengajukan gugatan derivatif yang merupakan salah satu perlindungan hukum bagi pemegang saham, terutama pemegang saham minoritas. Sedangkan sebagai perbandingan pengaturan dalam peraturan perundang-undangan lain, yaitu pengaturan dalam Undang-Undang Perusahaan Singapura 1994 dan Undang-Undang Perusahaan Jepang 2005, dalam penelitian ini ditemukan aspek-aspek tertentu dalam Undang-Undang Perusahaan Singapura 1994 dan Undang-Undang Perusahaan Jepang 2005 yang mampu mewujudkan keadilan dan kepastian hukum bagi pemegang saham, meliputi akses yang luas kepada seluruh pemegang saham, terutama pemegang saham minoritas dalam mengajukan gugatan derivatif, memberikan perlindungan terhadap Perseroan dengan menjadikan gugatan derivatif sebagai upaya hukum terakhir guna menjaga kestabilan Perseroan, dan memberikan perlindungan terhadap Perseroan dari itikad buruk pemegang saham yang mengajukan gugatan derivatif.

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This undergraduate thesis is a normative juridical scientific work, that is a study conducted through literature by doing comparative study of law. The background of this research is that in Act No. 40 of 2007 on Limited Liability Companies, it is found limitations to file derivative action which is one of the legal protections for shareholders, especially minority shareholders. Meanwhile, as a comparison from other legislations, i.e. the regulation in the Singapore Company Act 1994 and the Japan Company Act 2005, in this study it is found certain aspects in the Singapore Company Act 1994 and the Japan Company Act 2005 which are able to bring about justice and legal certainty for shareholders, including extensive access to all shareholders, especially minority shareholders to file derivative action, to provide protection against the Companies by making a derivative action as the last legal effort to maintain the stability of the Companies, and to provide protection against the Companies from bad faith of shareholders filing the derivative action."

"Penelitian ini bertujuan untuk mengevaluasi implikasi perpajakan atas transaksi derivatif di Indonesia. Untuk menutup celah penghindaran pajak melalui penggunaan instrumen derivatif, diperlukan pengaturan perpajakan atas transaksi derivatif di Indonesia. Penelitian ini menggunakan pendekatan kualitatif dengan melakukan studi literatur, studi benchmarking peraturan negara lain, serta wawancara kepada Direktorat Jenderal Pajak dan Konsultan Pajak. Penelitian ini menyimpulkan bahwa tidak terdapat peraturan perpajakan yang komprehensif atas transaksi derivatif di Indonesia sehingga perlunya pengaturan lebih lanjut yang menyelaraskan antara standar akuntansi dan perpajakan di Indonesia. Studi benchmarking menghasilkan bahwa pencatatan dan pengukuran derivatif mengikuti standar akuntansi dan atas perpajakannya dihitung dalam penghitungan PPh Badan. Sehingga pemajakan atas keuntungan transaksi derivatif dikenakan atas realisasi keuntungan di laporan laba rugi setelah dikurangi kerugian bersifat spekulasi. Bila net-off antara keuntungan dan kerugian bersifat spekulasi menghasilkan kerugian maka harus dilakukan koreksi fiskal. Berkaitan dengan pemeriksaan pajak, diperlukan pengaturan kriteria transaksi derivatif dengan kriteria lindung nilai dan spekulasi yang harus ditegaskan dengan mengacu pada kriteria pada PSAK 71: Akuntansi Lindung Nilai.

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This study aims to evaluate the tax implications of derivative transactions in Indonesia. To close the gap in tax avoidance through the use of derivative instruments, it is necessary to regulate the taxation of derivative transactions in Indonesia. This research uses a qualitative approach by conducting a literature study, benchmarking studies of other countries' regulations, as well as interviews with the Directorate General of Taxes and Tax Consultants. This study concludes that there is no comprehensive tax regulation on derivative transactions in Indonesia so that further regulation is needed that harmonizes accounting and taxation standards regarding derivative transaction. Benchmarking studies result that the recording and measurement of derivatives follow accounting standards and their taxation is calculated in the calculation of corporate income tax. Thus, the taxation of gains on derivative transactions is imposed on the realization of gains in the income statement after deducting speculative losses. If the net-off between speculative profits and losses results in losses, a fiscal correction must be made. In relation to tax audits, it is necessary to stipulate criteria for derivative transactions with hedging and speculation criteria which must be reffered to the criteria in PSAK 71: Hedging Accounting."