The Effect of Tunneling Incentives, Thin Capitalization, Financial Distress, and Earnings Management on Tax Aggressiveness
Keywords:
Earnings Management, Financial Distress, Tax Aggressiveness, Thin Capitalization, Tunneling Incentive.
Abstract
This research examines the simultaneous and partial effects of tunneling incentives, thin capitalization, financial distress, and earnings management on tax aggressiveness in Indonesian manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2021. Purposive sampling was conducted on a sample population of 213 manufacturing companies to obtain 420 observations. Eviews 12 software was utilized for the panel data regression analysis. The analysis of this research reveals that tax aggressiveness is simultaneously influenced by tunneling incentives, thin capitalization, financial distress, and earnings management. Partially, thin capitalization, financial distress, and earnings management have a positive effect on tax aggressiveness, but tunneling incentives have no effect.
References
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[2] Mitnick BM. Agency Theory. Wiley Encyclopedia of Management. 2015;1–6.
[3] Cobham A, Bernardo JG, Palansky M, Mansour MB. The State of Tax Justice 2020 : Tax Justice in the time of COVID-19. Tax Justice Network [Internet]. 2020;(November):1–83. Tersedia pada: https://www.taxjustice.net/reports/the-state-of-tax-justice-2020/
[4] Satria L. Republika. [dikutip 15 Desember 2022]. McDonald’s Bayar Denda Hingga 1,2 Miliar Euro Atas Kasus Pajak di Prancis. Tersedia pada: https://www.republika.co.id/berita/rdkwr1349/mcdonalds-bayar-denda-hingga-12-miliar-euro-atas-kasus-pajak-di-prancis
[5] Yustisia D. DDTCNews. 2019 [dikutip 10 November 2022]. Begini Update Kasus Transfer Pricing Coca-Cola. Tersedia pada: https://news.ddtc.co.id/begini-update-kasus-transfer-pricing-coca-cola--15821
[6] Herdona SA. Lakukan Penghindaran Pajak, Grup Perusahaan Ini Harus Bayar Rp2,9 T. DDTCNews [Internet]. 2022 [dikutip 10 November 2022]; Tersedia pada: https://news.ddtc.co.id/lakukan-penghindaran-pajak-grup-perusahaan-ini-harus-bayar-rp29-t-38402
[7] Wahyu TR. Kontan.co.id. 2017 [dikutip 1 Desember 2022]. Garuda Metalindo mencatat laba Rp 82,50 miliar. Tersedia pada: https://investasi.kontan.co.id/news/garuda-metalindo-mencatat-laba-rp-8250-miliar
[8] Zia IK, Pratomo D, Kurnia K. Kepemilikan Institusional Dan Multinationality Dengan Firm Size Dan Leverage Sebagai Variabel Kontrol Terhadap Tax Avoidance. Jurnal Riset Akuntansi Kontemporer. 2018;10(2):67–73.
[9] Halim A, Brawono IR, Dara A. Perpajakan; Konsep, Aplikasi, Contoh, dan Studi Kasus. Edisi 3. Jakarta: Salemba Empat; 2020. 8 hlm.
[10] Suripto S, Novitaria N. Influence of Tunneling Incentive, Risk Management and Company Characteristics on Tax Avoidance with Corporate Social Responsibility Disclosure Asa Moderating Variable In Mining Companies Listed on IDX. International Journal of Social Science and Business. 2021;5(4):498.
[11] Tang TYH. Privatization, tunneling, and tax avoidance in Chinese SOEs. Asian Review of Accounting. 2016;24(3):274–94.
[12] Hutomo MA, Sari RHDP, Nopiyanti A. Pengaruh Transfer Pricing, Thin Capitalization, dan Tunneling Incentive Terhadap Agresivitas Pajak. Prosiding BIEMA (Business Management, Economic, and Accounting National Seminar). 2021;2:141–57.
[13] Utami MF, Irawan F. Pengaruh Thin Capitalization dan Transfer Pricing Aggressiveness terhadap Penghindaran Pajak dengan Financial Constraints sebagai Variabel Moderasi. Owner. 2022;6(1):386–99.
[14] Nainggolan C, Sari D. Kepentingan Asing, Aktivitas Internasional, dan Thin Capitalization: Pengaruh Terhadap Agresivitas Pajak di Indonesia. Jurnal Akuntansi dan Bisnis. 2020;19(2):147.
[15] Kristanti FT. Financial Distress. Edisi 1. Malang: Inteligensi Media; 2019. 3 hlm.
[16] Khairunnisa JM, Majidah, Kurnia. Manajemen Laba: Financial Distress, Perencanaan Pajak, Ukuran Perusahaan, Komite Audit Dan Kualitas Audit. JIMEA:Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi). 2020;4(3):1114–31.
[17] Nadhifah M, Arif A. Transfer Pricing, Thin Capitalization, Financial Distress, Earning Management, dan Capital Intensity Terhadap Tax Avoidance Dimoderasi oleh Sales Growth. Jurnal Magister Akuntansi Trisakti. 2020;7(2):145–70.
[18] Handayani HR, Mandiansyah S. Pengaruh Manajemen Laba dan Financial distress Terhadap Agresivitas Pajak Pada Perusahaan Manufaktur Di Indonesia. Scientific Journal of Reflection: Economic, Accounting, Management, and Business [Internet]. 2021;4(2):311–20. Tersedia pada: https://ojspustek.org/index.php/SJR/article/view/282
[19] Octaviani RR, Sofie S. Pengaruh Good Corporate Governance, Capital Intensity Ratio, Leverage, Dan Financial Distress Terhadap Agresivitas Pajak Pada Perusahaan Tambang Yang Terdaftar Di Bei Tahun 2013-2017. Jurnal Akuntansi Trisakti. 2019;5(2):253–68.
[20] Kusumawardhani I, Windyastuti. Manajemen Laba Dan Credit Rating. Gosyen Publishing. Yogyakarta: Gosyen Publishing; 2020. 4–9 hlm.
[21] Yanthi NPDC, Pratomo D, Kurnia K. Audit Quality, Audit Committee, Institutional Ownership and Independent Director on Earning Management. Jurnal Riset Akuntansi Kontemporer. 2021;13(1):42–50.
[22] Tiaras I, Wijaya H. Pengaruh Likuiditas, Leverage, Manajemen Laba, Komisaris Independen Dan Ukuran Perusahaan Terhadap Agresivitas Pajak. Jurnal Akuntansi. 2017;19(3):380.
[23] Dwi K, Supramono S. Likuiditas, Leverage, Komisaris Independen, dan Manajemen Laba terhadap Agresivitas Pajak Perusahaan. Jurnal Keuangan dan Perbankan. 2012;16(2):167–77.
[24] Febrilyantri C. Pengaruh Earnings Management, Profitabilitas dan Size terhadap Agresivitas Pajak. Inventory: Jurnal Akuntansi. 2020;4(2):126.
[25] Taylor G, Richardson G. International Corporate Tax Avoidance Practices: Evidence from Australian Firms. International Journal of Accounting [Internet]. 2012;47(4):469–96. Tersedia pada: http://dx.doi.org/10.1016/j.intacc.2012.10.004
[26] Lestari J, Solikhah B. The Effect of CSR, Tunneling Incentive, Fiscal Loss Compensation, Debt Policy, Profitability, Firm Size to Tax Avoidance. Accounting Analysis Journal. 2019;8(1):31–7.
[27] Altman EI, Iwanicz-Drozdowska M, Laitinen EK, Suvas A. Financial Distress Prediction in an International Context: A Review and Empirical Analysis of Altman’s Z-Score Model. Journal of International Financial Management and Accounting. 2017;28(2):131–71.
[28] Basuki AT, Prawoto N. Analisis Regresi Dalam Penelitian Ekonomi dan Bisnis. Jakarta: PT Raja Grafindo Persada; 2016.
Published
2023-12-01
How to Cite
Rin Rin Imaniah, & Kurnia. (2023). The Effect of Tunneling Incentives, Thin Capitalization, Financial Distress, and Earnings Management on Tax Aggressiveness . Kompak :Jurnal Ilmiah Komputerisasi Akuntansi , 16(2), 249-257. https://doi.org/10.51903/kompak.v16i2.1296
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Articles
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