1. Home
  2. Vol 6, No 1 (2020)
  3. Sueb

PENGHINDARAN PAJAK: THIN CAPITALIZATION DAN ASSET MIX

Memed Sueb

Abstract


The purpose of this study was to examine the effect of thin capitalization and asset mix consisting of capital intensity and inventory intensity on tax avoidance. The moderating variable used in this study is the Indonesian Sharia Stock Index (ISSI). The sample of this study consisted of 60 companies in the manufacturing sector at ISSI 2014 - 2017 which were selected by purposive sampling method. The analytical method used in this research is Moderated Regression Analysis (MRA). The results of this study indicate that thin capitalization, capital intensity, and inventory intensity have an effect on tax avoidance. ISSI is able to influence the relationship between thin capitalization, capital intensity, and inventory intensity and tax avoidance. The implication of the results of this study is that the government should have an anticipatory General Anti Avoidance Rule (GAAR) to prevent taxpayers from conducting transaction schemes for the purpose of tax avoidance.


Keywords


asset mix; Indonesia Sharia Stock Index; tax avoidance; thin capitalization

References


Wijayanti, dkk. (2013). Pengaruh Karakteristik Perusahaan, Koneksi Politik, Dan Reformasi Perpajakan Terhadap Penghindaran Pajak. E-Jurnal Akuntansi.

Boquist, J. A., dan Moore, W. T. (2014). Leverage DeAngelo-Masulis Hypothesis. 13(1), 59.

Bradley, M., dkk. (2009). American Finance Association On the Existence of an Optimal Capital Structure: Theory and Evidence. Source: The Journal of Finance American Finance Association, 39(3), 857878.

Dyreng, S. D., dkk (2008). Long-run corporate tax avoidance. Accounting Review, 83(1), 6182.

Fama, E. F., dan Jensen, M. C. (1983). Agency Problems and Residual Claims. SSRN Electronic Journal, XXVI(June), 327349.

Graham, J. R., dan Tucker, A. L. (2006). Tax shelters and corporate debt policy. Journal of Financial Economics, 81(3), 563594.

Gupta, S., dan Newberry, K. (1997). Determinants of The Variability in Corporate Effective Tax Rates: Evidence From Longitudinal Data. Journal of Accounting and Public Policy, 16(1), 134.

Hanlon, M., dan Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50(23), 127178.

Hutagaol. (2006). Kapita Selekta Pajak.pdf (First). Jakarta: Salemba Empat.

Jensen, M. C., dan Meckling, W. H. (1976). Theory Of The Firm: Managerial Behavior, Agency Costs And Ownership Structure. Journal of Financial Economics, 3(10), 305360.

Khomsatun, S., dan Martani, D. (2015). Pengaruh Thin Capitalization dan Assets Mix Perusahaan Indeks Saham Syariah Indonesia (Issi) Terhadap Penghindaran Pajak. Simposium Nasional Akuntansi XVIII, 123.

Mangoting, Y. (1999). Tax Planning : Sebuah Pengantar Sebagai Alternatif Meminimalkan Pajak. Jurnal Akuntansi Dan Keuangan, 1(1), 4353. https://doi.org/10.9744/jak.1.1.pp.43-53

Modigliani, F., dan Miller, M. H. (1963). Income Taxes and the Cost of Capital. The American Economic Review, 53(3), 433443.

Rafik, A. (2011). Studi Komparatif Terhadap Kinerja Saham Syariah di Indonesia dan Malaysia. Asy-Syirah: Jurnal Ilmu Syariah Dan Hukum, 45(Jili-Desember), 14051430.

Richardson, G., dan Lanis, R. (2007). Determinants of the variability in corporate effective tax rates and tax reform: Evidence from Australia. Journal of Accounting and Public Policy.

Ross, S. (1973). Ross_1973_The economic theory of agency.pdf. In Msnbc.

Sonjaya Olhof Rego. (2003). Tax-Avoidance Activities of U.S. Multinational Corporations*. University of Iowa, 20.

Stickney, C. P., dan McGee, V. E. (1982). Effective corporate tax rates the effect of size, capital intensity, leverage, and other factors. Journal of Accounting and Public Policy, 1(2), 125152.

Taylor, G., dan Richardson, G. (2012). International Corporate Tax Avoidance Practices: Evidence from Australian Firms. International Journal of Accounting, 47(4), 469496.

Weisbach, D. A., dan Law, C. (2002). An Economic Analysis of Anti-Tax-Avoidance Doctrines. University of Chicago Law School, 773, 88115.

www.idx.co.id.


Full Text: PDF

DOI: 10.34204/jiafe.v6i1.2052

Refbacks

  • There are currently no refbacks.


Copyright (c) 2020 JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi)

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.