PENGARUH LEVERAGE, RETURN ON ASSET (ROA) DAN INTENSITAS MODAL TERHADAP PENGHINDARAN PAJAK DENGAN TRANSPARANSI SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstract
This study examines and analyzes the effect of leverage, return on assets (ROA), and capital intensity on tax avoidance with transparency as a moderating variable. The data used in this study are secondary data which is sourced from the company's financial statement data on the Indonesia Stock Exchange. The population in this study. These are all manufacturing companies listed on the Indonesia Stock Exchange. The sampling technique used was purposive sampling with criteria tailored to the needs of the study. From the specified criteria, 37 companies were obtained as samples. The data analysis method used panel data regression with tools: Eviews 10 analysis and Moderating Regression Analysis (MRA). The results show that, first, leverage does not have a positive effect on tax avoidance. This shows that the higher the debt funding from third parties used by the company. The higher the interest costs arising from the debt, so that it will reduce the company's tax burden, not making the company financing with large amounts of debt. Second, ROA has a positive effect on tax avoidance. This shows that the higher the company's profitability, the better the corporate tax planning because it can result in tax optimization, and the company's tendency to do tax avoidance is decreasing. Third, capital intensity. This shows that the depreciation expense originating from the company's fixed assets does not significantly affect the company's tax reduction.
References
Adisamartha, I. B., & Noviari, N. (2015). Pengaruh Likuiditas, Leverage, Intensitas Persediaan dan Intensitas Aset Tetap pada Tingkat Agresivitas Wajib Pajak Badan. E-Jurnal Akuntansi, 13(3), 973-1000.
Andra, R. A., Herawati, & Fauziati, P. (2016). Analisis Pengaruh Corporate Governance, Intensitas Modal dan Leverage Terhadap Tax Avoidance. E-Jurnal Fakultas Ekonomi Universitas Bung Hatta, 9(1).
Andriyani, R. (2017). Pengaruh Tingkat Profitabilitas, Leverage, Jumlah Dewan Komisaris Independen dan Kepemilikan Institusional terhada Pengungkapan Internet Financial Reporting (Studi pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia yang terdaftar di BEI). Fakultas Ekonomi dan Bisnis. Universitas Muhammadiyah Purwekerto.
Ariyanti, F. (2016, Maret 28). 2.000 Perusahaan Asing Gelapkan Pajak Selama 10 Tahun. Diakses tanggal 04 Pebruari, 2021, from Bisnis > Ekonomi: https://www.liputan6.com/bisnis/read/2469089/2000-perusahaan-asing-gelapkan-pajak-selama-10-tahun
Brigham, E., & Houston, J. (2015). Fundamentals of Financial Management (14th Ed.). Boston: Cengage Learning.
Hanlon, M., Krishnan, G. V., & Mill, L. F. (2012). Audit fees and book-tax differences. Journal of the American Taxation Association , 34 (1), 55-86.
Harrison, J., Hongreen, C., Thomas, W., & Suwardy. (2012). Akuntansi Keuangan IFRS (Jilid I) (8th Ed.). Jakarta: PT. Gramedia.
Hasan, M. M., Al-Hadi, A., Taylor, G., & Richardson, G. (2016). Does a Firm’s Life Cycle Explain Its Propensity to Engage in Corporate Tax Avoidance?. European Accounting Review, 26(3), 469-501. http://dx.doi.org/10.1080/09638180.2016.1194220
Husain, T., & Alang, S. (2019). Pengaruh Komite Dan Kualitas Audit Terhadap Tax Avoidance. Forum Bisnis Dan Kewirausahaan (FORBISWIRA), 8(2), 94-106.
Ilmiani, A., & Sutrisno, C. R. (2015). Pengaruh Tax Avoidance terhadap Nilai Perusahaan dengan Transparansi Perusahaan sebagai Variabel Moderating. Jurnal Ekonomi dan Bisnis, 14(1), 30-39.
Ilyas, W. B., & Priantara, D. (2016). Manajemen dan Perencanaan Pajak Berbasis Risiko. Jakarta: In Media.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X
Kartana, I. W., & Wulandari, N. G. (2018). Pengaruh Karakter Eksekutif, Karakteristik Perusahaan dan Corporate Governance terhadap Tax Avoidance. KRISNA: Kumpulan Riset Akuntansi, 10(1), 1-13. https://doi.org/10.22225/kr.10.1.708.1-13
Karunia, D. (2020). Pengaruh Leverage, Profitabilitas, Capital Intensity, dan Ukuran Perusahaan terhadap Agresivitas Pajak (Studi Empiris Pada Perusahaan Manufaktur pada Subsektor real estate yang terdaftar di Bursa Efek Indonesia Pada Tahun 2015-2018). Fakultas Bisnis. Tangerang: Universitas Buddhi Dharma.
Kurniasih, T., & Sari, M. M. (2013). Pengaruh Return on Assets, Leverage, Corporate Governance, Ukuran Perusahaan Dan Kompensasi Rugi Fiskal Pada Tax Avoidance. Buletin Studi Ekonomi, 18(1), 58-66.
Kurniawan, A. F., & Syafruddin, M. (2017). Pengaruh Penghindaran Pajak Terhadap Nilai Perusahaan Dengan Variabel Moderasi Transparansi. Diponegoro Journal of Accounting, 6(4), 94-103.
Lathifa, D. (2019, Oktober 04). Hubungan Tax Avoidance, Tax Planning, Tax Evasion & Anti Avoidance Rule. (PT Achilles Advanced Systems) Retrieved Pebruari 04, 2021, from OnlinePajak: https://www.online-pajak.com/tentang-pajak/hubungan-tax-avoidance-tax-planning-tax-evasion-anti-avoidance-rule
Ngadiman, & Puspitasari, C. (2014). Pengaruh Leverage, Kepemilikan Institusional, dan Ukuran Perusahaan Terhadap Penghindaran Pajak (Tax Avoidance) Pada Perusahaan Sektor Perusahaan Terhadap Penghindaran Pajak (Tax Avoidance) Pada Perusahaan Sektor. Jurnal Akuntansi , XVIII (03).
Nurul Ichsany, S. W., & Husain, T. (2018). Frekuensi Pertemuan Dewan Komisaris dan Komite Audit Terhadap Manajemen Laba Dengan Pendekatan Non-Discreationary Accruals. Journal Management, Business, and Accounting, 17(2), 34-46. https://doi.org/10.33557/mbia.v17i2.343
Puspita, D., & Febrianti, M. (2017). Faktor-Faktor Yang Mempengaruhi Penghindaran Pajak pada Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Bisnis dan Akuntansi, 19(1), 38-46. https://doi.org/10.34208/jba.v19i1.63
Rosyada, R. A. (2018). Pengaruh Ukuran Perusahaan, Komite Audit, Leverage, Intensitas Modal dan Profitabilitas Terhadap Penghindaran Pajak pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2014-2016. Fakultas Ekonomi. Yogyakarta: Universitas Islam Indonesia.
Saputra, A. W., Suwandi, M., & Suhartono. (2020). Pengaruh Leverage dan Capital Intensity terhadap Tax Avoidance dengan Ukuran Perusahaan sebagai Variabel Moderasi. ISAFIR; Islamic Accounting and Finance Review, 1(2), 29-47.
Sarwani, & Husain, T. (2021). The Firm's Value Empirical Models in Automotive and Components Subsectors Enterprises: Evidence from Developing Economy. Journal of Governance and Regulation, 10(1), 83-95. https://doi.org/10.22495/jgrv10i1art9
Shaheen, S., & Malik, Q. A. (2012). The Impact of Capital Intensity, Size of Firm and Profitability on Debt Financing in Textile Industry of Pakistan. Interdisciplinary Journal of Contemporary Research in Business, 3(10), 1061-1066.
Vidianty, E. (2017). Pengaruh Komite Audit, Kualitas Audit, Kepemilikan Institusional, Return On Asset Dan Leverage Terhadap Tax Avoidance. Jakarta: Sekolah Tinggi Ilmu Ekonomi Perbanas.
Wijayanti, A., Wijayanti, A., & Samrotun, Y. C. (2016). Pengaruh Karakteristik Perusahaan, GCG dan CSR Terhadap Penghindaran Pajak. Journal of Economic and Economic Education, 5(2), 113-127.
Winarno. (2017). Analisis Ekonometrika dan Statistika dengan EViews. Yogyakarta: UPP STIM YKPN.
Zarai, M. A. (2013). Corporate Tax Planning and Debt Endogeneity: Case of American Firms. International Journal of Business and Commerce, 3(3), 42-53.
Abstract viewed = 1540 times
PDF (Bahasa Indonesia) downloaded = 1786 times
