Determinants of tax planning in the industrial sector
DOI:
https://doi.org/10.33021/jaaf.v9i2.6329Keywords:
tax planning, profitability, leverage, transfer pricingAbstract
This study aims to provide empirical evidence and examine the effects of profitability, leverage, and transfer pricing on corporate tax planning using a quantitative approach and purposive sampling. The research sample consists of 11 industrial sector companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. Data were analyzed using multiple regression analysis with a fixed effect model (FEM). FEM was employed to control for firm-specific characteristics that remain constant over time. The results indicate that profitability and transfer pricing significantly influence tax planning decisions, suggesting that highly profitable firms and those utilizing strategic transfer pricing are more active in tax planning activities. In contrast, leverage does not have a statistically significant effect, implying that debt levels do not play a decisive role in shaping tax strategy within the studied context. These findings contribute to a deeper understanding of the financial factors affecting corporate tax planning and highlight the importance of managing profitability and transfer pricing practices to optimize tax outcomes.
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