Pengaruh Rasio Keuangan Terhadap Penghindaran Pajak di Sektor Properti BEI 2019-2024

Abstract

This study aims to analyze the effect of profitability, liquidity, leverage, and capital intensity on tax avoidance. The research object consists of issuers in the property and real estate sector listed on the Indonesia Stock Exchange (IDX) during the period 2019–2024. The sample was selected using a purposive sampling method, resulting in 13 companies over six years, with a total of 78 observations. Data were analyzed using the panel data regression method, with E-Views 12 as the statistical software. The results show that profitability, liquidity, and leverage have a positive and significant partial effect on tax avoidance, while capital intensity has no significant effect. However, when tested simultaneously, all four variables have a significant influence on tax avoidance. Based on agency theory, management as agents tend to engage in tax avoidance strategies to maintain profit and preserve the company’s image in the eyes of shareholders. The presence of information asymmetry gives managers greater control over financial decisions, allowing them to utilize the company’s cash or current assets to develop more optimal tax avoidance strategies. These findings can serve as input for tax regulators to strengthen risk-based supervision, particularly for companies with high profitability, liquidity, and leverage ratios, and to encourage greater transparency through reporting and cross-agency data integration.