THE EFFECT OF FINANCIAL DERIVATIVES AND THIN CAPITALIZATION ON TAX AVOIDANCE PRACTICES
Downloads
Objective: This study aims to examine the effect of financial derivatives and thin capitalization on tax avoidance in companies listed on the Indonesia Stock Exchange. Method: The study used a quantitative approach with secondary data from annual financial reports and generated 60 companies through purposive sampling. The analysis was conducted using multiple linear regression. Results: The results show that financial derivatives have no significant effect on tax avoidance, while thin capitalization has a significant positive effect on tax avoidance. Simultaneously, both variables influence tax avoidance. Novelty: These findings suggest that capital structure, particularly the use of debt, is an important factor in corporate tax avoidance practices.
[1] S. A. Asykuri and Rudy, “Pengaruh Corporate Governance, Ukuran Perusahaan, Dan Thin Capitalization Terhadap Tax Avoidance,” Semin. Nas. Akunt. dan Call Pap., vol. 1, no. 1, pp. 1–12, 2023, doi: 10.33005/senapan.v1i1.223.
[2] P. Safaria and A. Rahma, “Pengaruh Capital Intensity, Sales Growth, dan Thin Capitalization Terhadap Tax Avoidance,” J. Intelek Insa. Cendikia, 2(8), 14700-14713., no. 2025, p. 14, 2025.
[3] Y. Yunita and S. Tambun, “Pengaruh Earnings Management dan Derivatif Keuangan Terhadap Tax Avoidance Dengan GCG Sebagai Pemoderasi,” J. Akunt. Manajerial (Managerial Account. Journal), vol. 9, no. 1, pp. 51–66, 2023, doi: 10.52447/jam.v9i1.7905.
[4] A. P. Sari, A. G. Widjatmiko, Y. Anggraini, and WahyuWismawati, “Tax Avoidance: Berkait dengan Derivatif Keuangan serta Fixed Asset Intensity,” Edunomika, vol. 09, no. 03, pp. 1–9, 2025.
[5] F. Azkia and P. Handayani, “Pengaruh Konservatisme Akuntansi, Tata Kelola Perusahaan dan Derivatif Keuangan terhadap Penghindaran Pajak,” J. Artif. Intell. Digit. Bus., vol. 4, no. 3, pp. 3255–3264, 2025.
[6] L. Febriana and A. I. Kesuma, “Pengaruh Preferensi Risiko Eksekutif , Insentif Pajak, dan Thin Capitalization Terhadap Penghindaran Pajak,” J. Pustaka Akt., vol. 3, no. 1, pp. 1–6, 2023.
[7] Jihan Mawaddah, Sintya Kirana, and Nafisah Nuqma Nasyiwa, “Analisis Penerapan Teori Akuntansi Positif Terhadap Kasus Derivatif Pada PT. Mayora Indah VS Bankers Trust Internasional PLC, CS,” J. Ris. Akunt., vol. 2, no. 1, pp. 166–175, 2023, doi: 10.54066/jura-itb.v2i1.1351.
[8] V. A. Rohmah and F. Romadhon, “Apakah Karakter Eksekutif Memoderasi Hubungan Antara Thin Capitalization, Transfer Pricing, Financial Distress dan Penghindaran Pajak?,” J. Akad. Akunt., vol. 6, no. 3, pp. 419–438, 2023, doi: 10.22219/jaa.v6i3.24069.
[9] E. G. Rahmadani, A. Kusbandiyah, and R. Mudjiyanti, “Pengaruh Firm size, ROA, Thin capitalization Terhadap Penghindaran Pajak Dengan Kepemilikan Institusional Sebagai Variabel Moderasi,” J. Account. Financ. Manag., vol. 5, no. 3, pp. 439–455, 2024.
[10] A. Tarmizi and D. H. Perkasa, “Pengaruh Kepemilikan Institusional, Kepemilikan Keluarga, Dan Thin Capitalization Terhadap Penghindaran Pajak,” J. Perspekt. Manajerial dan Kewirausahaan, vol. 3, no. 1, pp. 47–61, 2022, doi: 10.59832/jpmk.v3i1.182.
[11] M. F. Utami and F. Irawan, “Pengaruh Thin Capitalization dan Transfer Pricing Aggressiveness terhadap Penghindaran Pajak dengan Financial Constraints sebagai Variabel Moderasi,” Own. Ris. J. Akunt., vol. 6, pp. 386–399, 2022, doi: https://doi.org/10.33395/owner.v6i1.607.
[12] W. Arviant and Estralita Trisnawati, “Pengaruh Derivatif Keuangan Dan Tax Avoidance Manufaktur,” J. Multiparadigma Akunt., vol. IV, no. 1, pp. 470–478, 2022.
[13] N. A. dan L. Nadi, “Pengaruh Thin Capitalization, Transfer Pricing, Dan Derivatif Keuangan Terhadap Tax Avoidance,” Angew. Chemie Int. Ed. 6(11), 951–952., vol. 4, no. 4, pp. 5–24, 2024.
[14] O. Oktavia and D. Martani, “Tingkat Pengungkapan Dan Penggunaan Derivatif Keuangan Dalam Aktivitas Penghindaran Pajak,” J. Akunt. dan Keuang. Indones., vol. 10, no. 2, pp. 129–146, 2013, doi: 10.21002/jaki.2013.07.
[15] I. Ghozali, Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro, 2018.
Copyright (c) 2026 Proceeding of International Conference on Social Science and Humanity
This work is licensed under a Creative Commons Attribution 4.0 International License.
