The Influence of Tax Avoidance, Profitability, and Tunneling Incentive on Transfer Pricing Policy (Case Study of Non-Cyclical Companies in the Food and Beverage and Non-Durable Household Products Subsector Listed on the Indonesia Stock Exchange 2020-2023)
Pengaruh Penghindaran Pajak, Profitabilitas, dan Insentif Tunneling terhadap Kebijakan Penetapan Harga Transfer (Studi Kasus Perusahaan Non-Siklis Subsektor Makanan dan Minuman serta Produk Rumah Tangga Non-Tahan Lama yang Terdaftar di Bursa Efek Indonesia Tahun 2020-2023)
Keywords:
Transfer Pricing, Tax Avoidance, Profitability, Tunneling IncentiveAbstract
Purpose: This research aims to analyze the effects of tax avoidance, profitability, and tunneling incentives on transfer pricing policies in non-cyclical companies in the food and beverage subsector as well as non-durable household products listed on the Indonesia Stock Exchange for the period of 2020–2023.
Methodology: The research uses a quantitative approach with secondary data. The population consists of 95 companies, and through purposive sampling, 8 companies were obtained with a total of 32 financial statements over four years of observation. The analysis techniques include descriptive statistics, classical assumption tests, multiple linear regression, and hypothesis testing.
Findings: The research results show that partially, tax avoidance does not have a significant effect on transfer pricing policy, while profitability and tunneling incentives have a significant effect. Simultaneously, these three variables have been proven to have a significant effect on transfer pricing policy.
Conclusion: Transfer pricing policies in companies are more influenced by financial performance and the motivations of controlling shareholders than by direct tax avoidance practices. This emphasizes that internal company factors, particularly profitability and tunneling incentives, are the main determinants in transfer pricing decision-making.
Implication: The results of this research contribute to regulators in tightening supervision of transfer pricing practices that could reduce state revenue, as well as to companies in enhancing tax compliance and maintaining transparency in financial reporting. In addition, these findings are also beneficial for investors as a consideration in assessing corporate governance and the risks of special relationship practices.
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