The Effect of Profitability, Liquidity and Leverage on Tax Avoidance in Property Companies Listed on the Indonesia Stock Exchange (IDX) in the 2020-2023 Period

Murdiyanti MURDIYANTI; Nurul  HIDAYAH

doi:10.38142/jogta.v4i1.1625

Authors

Murdiyanti MURDIYANTI Mercu Buana University, Indonesia
Nurul HIDAYAH Mercu Buana University, Indonesia

DOI:

https://doi.org/10.38142/jogta.v4i1.1625

Keywords:

Profitability, Liquidity, Leverage, Tax Avoidance

Abstract

This study aims to examine and analyze the influence of profitability, liquidity, and leverage on tax avoidance. This study observed 58 property companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2023 period. This study used a quantitative approach using cross-sectional data, which was then analyzed using multiple linear regression analysis using the SPSS application. Secondary data for this study came from the Financial Reports of Property Companies in Indonesia. The results showed that the independent variable, profitability, significantly influenced the dependent variable, tax avoidance. The effective tax rate or large tax burden of property companies can encourage them to engage in tax avoidance. Conversely, the independent variables, liquidity and leverage, did not significantly influence the dependent variable, corporate tax avoidance.

References

Anggraeni, Rosvita, dan Meiriska Febrianti. 2019. “Faktor-Faktor yang Mempengaruhi Tax Avoidance Pada Perusahaan Manufaktur di Bursa Efek Indonesia.” Jurnal Bisnis dan Akuntansi 21, No. 1a-2: 185–92.

Darnawaty, Friska Sitorus, Miti Angel, Lidya Liona. 2022. Jurnal Pengaruh Transfer Pricing, Kompensasi Rugi Fiskal, Leverage, dan Kualitas Audit terhadap Praktik Penghindaran Pajak pada Perusahaan BUMN yang telah Go Publik untuk periode 2017-2020. Owner Riset & Jurnal Akuntansi. Vol.6 No.3, Juli 2022.

Deden Tarmidi, Pratiwi Nila Sari, Riaty Handayani. 2020. “Tax Avoidance: Impact of Financial and Non-Financial Factors.” International Journal of Academic Research in Accounting, Finance and Management Sciences. Vol.10, No.2, April 2020.

Ghozali, I. 2018. Aplikasi Analisis Multivariate dengan Program IBM SPSS Edisi 9 (A. Tejokusumo (ed.); 9). Badan Penerbit Universitas Diponegoro.

Hadi, Felita Icasia, dan Sherly Tifani. 2020. “Pengaruh Kualitas Audit Dan Auditor Switching Terhadap Manajemen Laba.” Jurnal Bisnis dan Akuntansi 22 (1): 95–104. https://doi.org/10.34208/jba.v22i1.620.

Hanlon, M., & Heitzman, S. 2010. "A Review of Tax Research." Journal of Accounting and Economics, 50(2–3), 127–178.

Hendrik, Jost Kovermann. 2018. “Tax Avoidance, tax risk and the cost of debt in a bank-dominated economy”. Institute of Finance and Accounting, Leuphana University of Luneburg, Germany.

Hendy, Prastyawan dan Herliansyah Y. 2023. Content Analysis of Indonesian Tax Court Rulings: Aggresiveness of Transfer Pricing and Tax Avoidance. Saudi Journal of Business and Management Studies.

Hidayat, W. W. 2018. “Tax Effect of Profitability, Leverage and Sales Growth on Tax Avoidance: A Case Study of Manufacturing Companies in Indonesia. Journal of Management and Business Research (JRMB) Faculty of Economic UNIAT, 3 (1), 19-26.

Honggo, Kevin, dan Aan Marlinah. 2019. “Pengaruh Ukuran Perusahaan, Umur Perusahaan, Dewan Komisaris Independen, Komite Audit, Sales Growth, dan Leverage Terhadap Penghindaran Pajak.” Jurnal Bisnis dan Akuntansi 21 (1): 9–26.

Hoseini, Mohammadreza dan Mehdi Safari Gerayli. 2017. “Demographic characteristics of the board of directors structure and tax avoidance. Evidence from Tehran Stock Exchange.

Irham, Fahmi. 2017. Pengantar Manajemen Keuangan. Bandung: CV. Alfabeta.

Jensen, Michael C, dan William H Meckling. 1976. “Theory of the Firm : Managerial Behavior, Agency Cost and Ownership Structure I.” Journal of Financial Economics 3: 305–60.

Kasmir. 2018. Analisis Laporan Keuangan. Jakarta: RajaGrafindo Indonesia.

Kemenkeu. 2020. Perubahan Postur dan Rincian Anggaran Pendapatan dan Belanja Negara Tahun 2020. Jakarta.

Kemenkeu. 2021. Harmonisasi Peraturan Perpajakan UU 7 Tahun 2021. Jakarta.

Komarudin, Holik, Irwan, Yriyandhi, Surjana Mikael. 2018. Analisa Komparasi Ukuran Perusahaan dan Penghindaran Pajak Antara Perusahaan Sub-sektor Makanan Minuman dan Properti Real Estate yang terdaftar di BEI Tahun 2014-2017. Jurnal Ilmiah Akuntansi dan Teknologi Vol.10. No.2 (2018).

Moeljono. 2020. ‘Factors Affecting Tax Avoidance’. Journal of Economic and Business Research, 5 (1), 103-121.

Mihaela Mocanu, Sergiu-Bogdan Constantin dan Vasile Raileanu. 2021. “Determinants of tax avoidance – evidence on profit tax paying companies in Romania. Economic Research Vol.34. No.1.

Novita, Elgina Sari dan Herliansyah Y. 2019. The Effect of Corporate Governance Mechanism, Liquidity Company Size on Tax Avoidance. Saudi Journal of Economics and Finance.

Oktamawati, Mayarisa. 2017. “Pengaruh Karakter Eksekutif, Komite Audit, Ukuran Perusahaan, Leverage, Pertumbuhan Penjualan, dan Profitabilitas Terhadap Tax Avoidance. Jurnal Akutansi Bisnis, Vol.15, No.1, Maret 2017.

Oktris, Lin (2022). The Effect of Profitability, Company Size, and Sales Growth on Tax Avoidance with Leverage as a Moderating Variable. International Journal of Innovative Science and Research Technology, Volume 7, Issue 8, August – 2022.

Putriningsih, Dewi, Eko Suyono, dan Eliada Herwiyanti. 2018. “Profitabilitas, Leverage, Komposisi Dewan Komisaris, Komite Audit, Dan Kompensasi Rugi Fiskal Terhadap Penghindaran Pajak Pada Perusahaan Perbankan.” Jurnal Bisnis dan Akuntansi 20 (2): 77–92. https://doi.org/10.34208/jba.v20i2.412.

Rezky Awaliah, Ratna Ayu Damayanti dan Asri Usman. 2022. “Tren Penghindaran Pajak Perusahaan di Indonesia yang Terdaftar di BEI Melalui Analisis Effective Tax Rate (ETR) Perusahaan.

Riski Serina Safitri, Lin Oktris. 2023. “The Effect of Institutional Ownership, Leverage, and Liquidity on Tax Avoidance with Company Size as ating Variable.” Saudi Journal fof Economics and Finance. 2023

Saputra, Muhammad Fajri, Dandes Rifa, dan Novia Rahmawati. 2015. “Pengaruh Corporate Governance, Profitabilitas dan Karakter Eksekutif Terhadap Tax Avoidance Pada Perusahaan yang Terdaftar di BEI.” Jurnal Akuntansi & Auditing Indonesia 19 (1): 1–12. https://doi.org/10.20885/jaai.vol19.iss1.art1.

Saputro, Silverian Utomo, Siti Nurlaela, Riana Rachmawati Dewi. 2021. “Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, Likuiditas Terhadap Tax Avoidance Pada Perusahaan Sub Sektor Otomotif Yang Terdaftar di BEI Periode 2014-2019. Jurnal Akuntansi dan Pajak, 22(01), 2021, Hal. 204-312.

Setu Setyawan, Agustin Dwi Haryanti dan Lia Candra Inata. 2022. “Dimensi Faktor-Faktor yang Mempengaruhi Tax Avoidance.

Sung, Jin Park. 2016. Ïs Foreign Direct Investment Effective From The Perspective of Tax Avoidance? An Analysis of Tax Avoidance Through The International Transfer Pricing Behaviors of Korean Corporations. Sungshin Women’s University, South Korea.

Tarmidi, Deden (2020). The Impact of External Control on Tax Avoidance. South Asian Research Journal of Humanities and Social Sciences, Volume-2-Issue-4-July-Aug-2020.

Tebiono, Juan Nathanael, dan Ida Bagus Nyoman Sukadana. 2019. “Faktor-Faktor yang Mempengaruhi Tax Avoidance Pada Perusahaan Manufaktur di Bursa Efek Indonesia.” Jurnal Bisnis dan Akuntansi 21 (1): 121–30.

Erlina Widayanti, Jamian Purba, Devionytha Ritonga dan