PENGARUH FINANCIAL DISTRESS TERHADAP PENGHINDARAN PAJAK
Keywords:
Tax Avoidance, Profitability, Leverage, Firm Size, Financial Stability, Negative Cash FlowAbstract
This study examines and analyses the effect of profitability, leverage, company size, financial stability, and negative cash flow on tax avoidance of public companies other than those of financial, listed investment products, and infrastructure sectors of 2020. The samples of 62 companies are selected through purposive sampling, and the data of the corporate financial reports collected from the official websites of the Indonesia Stock Exchange are analyzed by multiple regression. The findings of this study exhibited that profitability, financial stability, and negative cash flow affected tax avoidance, whilst leverage and firm size did not affect tax avoidance, implying that companies capable of generating consistent profits and positive cash flow were likely to commit tax avoidance. This study provides empirical evidence of the determinants of financial distress that encourage companies to avoid taxes during the 2020 period.
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