Effective Tax Rate: Dampak Leverage, Capital Intensity Ratio Dan Kepemilikan Institusi

Deden Tarmidi, Rinaldi Okto

Abstract


The purpose of this study is to analysis impact of leverage, capital intensity ratio, and institutional on effective tax rate. As knowed that effective tax rate is tax cost effective for entity and management as agent should know what factors can have an impact on these cost. Using mining companies listed on the Indonesia Stock Exchange in 2014-2020 as a sample, this study found a negative effect of the capital intensity ratio on the effective tax rate, while leverage and institutional ownership were not found to have a significant impact. These results explain that the high value of fixed assets has an influence on the total tax cost, with depreciation costs that can be deducted in calculating taxable income according to Article 11 of the Income Tax Law

Full Text:

PDF

References


Ardyansah, D., & Zulaikha, Z. (2014). Pengaruh Size, Leverage, Profitability, Capital Intensity Ratio dan Komisaris Independen Terhadap Effective Tax Rate (ETR). Diponegoro Journal of Accounting, 3(2), 371-379. Retrieved from https://ejournal3.undip.ac.id/index.php/accounting/article/view/6110

Ariani, M., & Hasymi, M. (2018). Pengaruh Profitabilitas, Likuiditas, Leverage, Size, Dan Capital Intensity Ratio Terhadap Effective Tax Rate (ETR) (Studi Kasus Pada Perusahaan Manufaktur Yang Listing Di Bursa Efek Indonesia 2012-2016). Profita, 11(3), 452–463. https://doi.org/10.22441/profita.2018.v11.03.007

Bachtiar, M. D., & Zulaikha. (2015). Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, Dan Capital Intensity Terhadap Effective Tax Rate (ETR) (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2011-2013). Diponegoro Journal of Accounting, 4(4), 228-238.

Barbera, A., Merello, P., & Molina, R. (2020). Determinants of corporate effective tax rates: evidence from the euro area. Academia Revista Latinoamericana de Administración, 33(3/4), 427-444. https://doi.org/10.1108/ARLA-12-2019-0238

Cahyono, D.D, Andini, R., & Raharjo, K. (2016). Pengaruh Komite Audit, Kepemilikan Institusional, Dewan Komisaris, Ukuran Perusahaan (Size), Leverage (DER) dan Return on asset (ROA) Terhadap Tindakan Penghindaran Pajak (Tax Avoidance) pada Perusahaan Perbankan yang Listing BEI Periode. Journal of Accounting, 2(2), 1-10.

CNBC Indonesia. (2019). Walah Kacau, Penerimaan Pajak Sektor Pertambangan Jeblok. Retrieved from https://www.cnbcindonesia.com/news/20191104160221-4-112524/walah-kacau-penerimaan-pajak-sektor-pertambangan-jeblok

Dakhli, A. (2021). The impact of ownership structure on corporate tax avoidance with corporate social responsibility as mediating variable. Journal of Financial Crime. https://doi.org/10.1108/JFC-07-2021-0152

Damayanti, F., & Susanto, T. (2016). Pengaruh Komite Audit, Kualitas Audit, Kepemilikan Institusional, Risiko Perusahaan Dan Return on Assets Terhadap Tax Avoidance. Esensi, 5(2), 187–206. https://doi.org/10.15408/ess.v5i2.2341

Dewinta, I.A.R, & Setiawan, P.E. (2016). Pengaruh Ukuran Perusahaan, Umur Perusahaan, Profitabilitas, Leverage, Dan Pertumbuhan Penjualan Terhadap Tax Avoidance. E-Jurnal Akuntansi Universitas Udayana, 14(3), 1584–1615.

Fernández-Rodríguez, E., García- Fernández, R., & Martínez-Arias, A. (2019). Influence of ownership structure on the determinants of effective tax rates of Spanish Companies. Sustainability, 11(5), 1441. https://doi.org/10.3390/su11051441.

Fitria, G.N. (2018). Pengaruh Kepemilikan Institusional, Komisaris Independen, Karakter Eksekutif dan Size terhadap Tax Avoidance (Study Empiris pada Emiten Sektor Perdagangan yang Terdaftar di BEI Tahun 2014-2017). Profita, 11(3), pp. 438-451. doi:10.22441/profita.2018.v11.03.006.

Imelia, S., Zirman., & Rusli. (2015). Analisis Faktor Yang Mempengaruhi Manajemen Pajak Dengan Indikator Tarif pajak Efektif (ETR) Pada Perusahaan LQ45 Yang Terdaftar Dalam Bursa Efek Indonesia Tahun 2010-2012. Jurnal Online Mahasiswa FEKOM, 2(1), 1-15

Inua, O.I. (2018). Determinants of corporate effective tax rates: Empirical evidence from listed manufacturing companies in Nigeria. Accounting and Taxation Review, 2(3), 48–61.

Jensen, M., C., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency cost and ownership structure. Journal of Finance Economic, 3, 305-360, retrieved from http://www.nhh.no/for/courses/spring/eco420/jensenmeckling-76.pdf.

Kalbuana, M., Solihin., Saptono., Yohana., & Yanti, D.R. (2020). The Influence of Capital Intensity, Firm Size, and Leverage on Tax Avoidance on Companies Registered in Jakarta Islamic Index (JII) Period 2015-2019. International Journal of Economics, Business and Accounting Research, 4(3), 272-278

Novianti, D. R., Praptiningsih, P., & Lastiningsih, N. (2019). Pengaruh Ukuran Perusahaan, Dewan Komisaris Dan Capital Intensity Terhadap Effective Tax Rate (ETR). Equity, 21(2), 116-128. https://doi.org/10.34209/equ.v21i2.637

Putri, C. L., & Lautania, M. F. (2016). Pengaruh Capital Intensity Ratio, Inventory Intensity Ratio, Ownership Structure dan Profitability Terhadap Effective Tax Rate (ETR) (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA), 1(1), 101–119.

Putri, A. A., & Lawita, N. F. (2019). Pengaruh Kepemilikan Institusional dan Kepemilikan Manajerial Terhadap Penghindaran Pajak. Jurnal Akuntansi Dan Ekonomika, 9(1), 68-75. Retrieved from https://ejurnal.umri.ac.id/index.php/jae/article/view/1341

Salehi, M., & Salami, S. (2020). Corporate tax aggression and debt in Iran. Journal of Islamic Accounting and Business Research, 11(1), 257-271. https://doi.org/10.1108/JIABR-10-2016-0127

Susilowati, Y., Widyawati, R. & Nuraini. (2018). Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas, Capital Intensity Ratio dan Komisaris Independen Terhadap Effective Tax Rate. Proceeding SENDI_U. Retrieved from https://www.unisbank.ac.id/ojs/index.php/ sendi_u/article/view/6065

Tambun, S. (2018). Pengaruh Solvabilitas dan Intellectual Capital Terhadap Effective Tax Rate Melalui Kualitas Informasi Akuntansi. Balance Vocation Accounting Journal, 2(1).

Tambun, S., & Maylani, A. E. (2020). Pengaruh Leverage Dan Perubahan Intangible Asset Terhadap Kinerja Perusahaan Dengan Komite Audit Sebagai Variabel Moderating. Jurnal Akuntansi Manajerial (Managerial Accounting Journal), 5(1), 60-73.

Tarmidi, D. (2021). Mining Company Tax Minimization: Analysis of Internal and External Roles. International Journal of Management Studies and Social Science Research, 3(4), 168-174

Tarmidi, D., Sari, P. N., & Handayani, R. (2020). Tax Avoidance: Impact of Financial and Non-Financial Factors. International Journal of Academic Research in Accounting, Finance and Management Sciences, 10 (2): 1-8. http://dx.doi.org/10.6007/IJARAFMS/v10-i2/7238

Waluyo. (2017). The Effect of Good Corporate Governance on Tax Avoidance: Empirical Study of Indonesian Bank Company. The Accounting Journal of BINANIAGA, 02(02), 1-10

Ying, T., Wright, B. & Huang, W. (2017). Ownership structure and tax aggressiveness of Chinese listed companies. International Journal of Accounting & Information Management, 25(3), 313-332. https://doi.org/10.1108/IJAIM-07-2016-0070




DOI: https://doi.org/10.52447/map.v7i1.6125

Refbacks

  • There are currently no refbacks.


Copyrights of

Program Studi Akuntansi

Fakultas Ekonomi Bisnis & Ilmu Sosial

Universitas 17 Agustus 1945 Jakarta

 

ISSN (P) : 2355 - 9993

ISSN (E) : 2527 - 953X