TRANSFER PRICING AND TAX AGGRESSIVENESS IN MULTINATIONAL COMPANIES BEFORE AFTER THE TAX AMNESTY PROGRAM
DOI:
https://doi.org/10.35310/accruals.v5i02.875Keywords:
transfer pricing, tax aggressiveness, tax amnestyAbstract
The Tax Amnesty in Indonesia of 2016 aims to increase tax revenue, which will be used to finance development. Tax Amnesty is also expected to reduce transfer pricing practice by holding a period of recognition of assets for a minimum of three years to increase domestic liquidity and domestic investment. In comparison, transfer pricing itself will affect a company's tax aggressiveness. The purpose of this study is to examine the effect of transfer pricing and tax aggressiveness before and after the tax amnesty policy. This study uses secondary data in annual reports of a multinational company registered on the Indonesia Stock Exchange from 2014 to 2019. The method of determining the sample is purposive sampling, the selection of models based on specific criteria. The method of analysis of this research is non-parametric approaches. The results of this study indicate the difference in transfer pricing before and after the tax amnesty policy. At the same time, there is no difference in the level of tax aggressiveness before and after the tax amnesty.
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References
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Astuti, W. (2018). Efektivitas Tax Amnesty Terhadap Peningkatan Penerimaan Pajak Nasional dan Arah Kebijakan Pemerintah Pasca Tax Amnesty ( Periode Pengamatan Tahun 2012-2017 ). E B B A N K Lp3M Stiebbank, 6(1), 82–91.
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Buckwalter, N. D., Sharp, N. Y., Wilde, J. H., dan Wood, D. A. 2013. Are State Tax Amnesty Programs Associated with Financial Reporting Irregularities?. Public Finance Review, 42(6): 774–799.
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Mardi, L. (2019). Analisis Efektifitas Penerimaan Pajak Penghasilan (Pph) Sebelum Dan Sesudah Tax Amnesty Pada Kpp Pratama Sukomanunggal Surabaya. Jurnal Mitra Manajemen, 3(10), 991–1005. https://doi.org/10.52160/ejmm.v3i10.288
Murniati, A., & Dura, J. (2019). Analisis Kinerja Keuangan Bank Sebelum dan Setelah Implementasi Tax Amnesty. Peta, 4(1), 33–50.
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Ngelo, A. A. (2017). Response Of Tax Aggressive Companies To The Prime Implementation Of Tax Amnesty.
Nugeraha, A., Mandra, I. G., & Ardana Putra, I. N. N. (2016). Analisis Perbandingan Kinerja Keuangan Sebelum Dan Sesudah Diberlakukannya Tax Amnesty Periode Pertama Pada Perusahaan Sub Sektor Property Dan Real Estate Yang Terdaftar Di Bei. Distribusi - Journal of Management and Business, 4(1), 1–19. https://doi.org/10.29303/jdm.v4i1.8
Nurrahmi, A. D., & Rahayu, S. (2020). Pengaruh Strategi Bisnis, Transfer Pricing, dan Koneksi Politik Terhadap Tax Avoidance. JAE (Jurnal Akuntansi & Ekonomi ), 5(2), 48–57.
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Putri, W. A. (2018). Prinsip Kewajaran dan Dokumen sebagai Penangkal Kecurangan Transfer Pricing di Indonesia. Jurnal Riset Akuntansi dan Keuangan, 6(1), 1-10
Saputra, W. S., & dkk. (2020). Pengaruh Pajak, Exchange Rate Dan Kepemilikan Asing Terhadap Transfer Pricing. Jurnal Manajemen Strategi Dan Aplikasi Bisnis, 3(2), 109–116.
Setiawan, Hadi. 2014. Transfer Pricing dan Risikonya Terhadap Penerimaan Negara. dari www.kemenkeu.go.id
Sholihah, L. M. (2017). REAKSI PASAR MODAL TERHADAP PENGUMUMAN KEBIJAKAN TAX AMNESTY TANGGAL 1 JULI 2016 (Event Study Pada Perusahaan Publik Sektor Perbankan …. Jurnal Ilmiah Mahasiswa FEB, 2016.
Soepriyanto, G., Indra, Y., The, O., & Zudana, A. (2019). Firms` Participation in Tax Amnesty Program Engaged in Financial Reporting Manipulation: An Empirical Evidence from Listed Companies in Indonesia. The Winners, 20(2), 85. https://doi.org/10.21512/tw.v20i2.5616
Susanti, A., & Firmansyah, A. (2018). Determinants of transfer pricing decisions in Indonesia manufacturing companies. Jurnal Akuntansi & Auditing Indonesia, 22(2), 81–93. https://doi.org/10.20885/jaai.vol22.iss2.art1
Undang-undang No. 11 tahun 2016 tentang Tax Amnesty (Law no. 11 of 2016 on Tax Amnesty)
Astuti, W. (2018). Efektivitas Tax Amnesty Terhadap Peningkatan Penerimaan Pajak Nasional dan Arah Kebijakan Pemerintah Pasca Tax Amnesty ( Periode Pengamatan Tahun 2012-2017 ). E B B A N K Lp3M Stiebbank, 6(1), 82–91.
Bayer, R.-C., Oberhofer, H., dan Winner, H. 2015. The Occurrence of Tax Amnesties: Theory and Evidence. Journal of Public Economics, 125, 70–82.
Buckwalter, N. D., Sharp, N. Y., Wilde, J. H., dan Wood, D. A. 2013. Are State Tax Amnesty Programs Associated with Financial Reporting Irregularities?. Public Finance Review, 42(6): 774–799.
Darma, S. S. (2020). PENGARUH PAJAK, EXCHANGE RATE, TUNNELING INCENTIVE DAN BONUS PLAN TERHADAP TRANSAKSI TRANSFER PRICING PADA PERUSAHAAN MULTINASIONAL STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2014-2017. Jurnal Ekonomi Efektif, 2(3), 423.
Depari, A. B. U. S., Ramadhan, R., & Firmansyah, A. (2020). TRANSFER PRICING DECISIONS AT MULTINATIONAL COMPANIES IN INDONESIA: TAX EXPENSES, FOREIGN OWNERSHIP, INTANGIBLE ASSETS. Jurnal Terapan Manajemen Dan Bisnis, 3(1), 1–8.
Desai, M. A., Foley, C. F., & Hines, J. R. (2006). The demand for tax haven operations. Journal of Public Economics, 90(3), 513–531.
Ellyani, M., & Hudayati, A. (2019). The Role of Related Party Transaction and Earning Management in Reducing Tax Aggressiveness. JURNAL Riset Akuntansi Dan Keuangan Indonesia, 4(ISSN:1411-6510), 3. http://journals.ums.ac.id/index.php/reaksi/index
Fadhila, Z. R., & Handayani, R. S. (2019). Tax Amnesty Effect On Tax Avoidance And Its Consequences On Firm Value (Empirical Study On Companies In Indonesia Stock Exchange). Jurnal Dinamika Akuntansi, 11(1), 34–47. https://doi.org/10.15294/jda.v11i1.19264
Husna, Z. (2017). ANALISIS EVENT STUDY ATAS KEBIJAKAN TAX AMNESTY.
IAI. (2018). PSAK 15: Investasi pada Entitas Asosiasi dan Ventura Bersama. Jakarta: Ikatan Akuntan Indonesia.
Jackson, D. (2017). “Analisis pengaruh tax avoidance terhadap cost of debt tax amnesty sebagai variable moderasi”. [Online] Universitas Katolik Widya Mandala Surabaya (pdf) Available at: http://
onesearch.id/Record/IOS2682.13786. Accessed on 1 June 2018.
Jamil, N. A. (2017). Efektivitas penerapan tax amnesty di indonesia. Academica: Journal of Multidisciplinary Studies, 1(1), 2579–9711. https://doi.org/2579-9711
Noviastika Yuniadi Mayowan Suhartini Karjo PS Perpajakan, D. F., & Administrasi Bisnis, J. (2016). Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (Studi Pada Bursa Efek Indonesia Yang Berkaitan Dengan Perusahaan Asing). Jurnal Perpajakan (JEJAK)|, 8(1), 1–9.
Lo, A. W. Y., Wong, R. M. K., & Firth, M. (2010). Tax, financial reporting, and tunneling incentives for income shifting: an empirical analysis of the transfer pricing behavior of Chinese-listed companies. Journal of American Taxation Association, 32(2), 1–26. https://doi.org/10.2308/jata.2010.32.2.1
Lutfia, A., & Pratomo, D. (2016). Pengaruh Transfer Pricing, Kepemilikan Institusional, dan Komisaris Independen Terhadap Tax Avoidance. E-Proceeding of Management, 5(ISSN: 2355-9357), 2386–2394.
Mardi, L. (2019). Analisis Efektifitas Penerimaan Pajak Penghasilan (Pph) Sebelum Dan Sesudah Tax Amnesty Pada Kpp Pratama Sukomanunggal Surabaya. Jurnal Mitra Manajemen, 3(10), 991–1005. https://doi.org/10.52160/ejmm.v3i10.288
Murniati, A., & Dura, J. (2019). Analisis Kinerja Keuangan Bank Sebelum dan Setelah Implementasi Tax Amnesty. Peta, 4(1), 33–50.
Mustami, A. A., & Caturini, R. (2017). Ada 956.000 WP yang ikut tax amnesty. Retrievedon November 11th2018from http://www. nasional.kontan.co.id.
Muttaqin, Z., (2013). Tax Amnesty di Indonesia. Bandung: Refika Aditama
Ngelo, A. A. (2017). Response Of Tax Aggressive Companies To The Prime Implementation Of Tax Amnesty.
Nugeraha, A., Mandra, I. G., & Ardana Putra, I. N. N. (2016). Analisis Perbandingan Kinerja Keuangan Sebelum Dan Sesudah Diberlakukannya Tax Amnesty Periode Pertama Pada Perusahaan Sub Sektor Property Dan Real Estate Yang Terdaftar Di Bei. Distribusi - Journal of Management and Business, 4(1), 1–19. https://doi.org/10.29303/jdm.v4i1.8
Nurrahmi, A. D., & Rahayu, S. (2020). Pengaruh Strategi Bisnis, Transfer Pricing, dan Koneksi Politik Terhadap Tax Avoidance. JAE (Jurnal Akuntansi & Ekonomi ), 5(2), 48–57.
OECD. (2018). http://www.oecd.org/tax/dispute/mutual-agreement-procedure-statistics.htm
Putri, W. A. (2018). Prinsip Kewajaran dan Dokumen sebagai Penangkal Kecurangan Transfer Pricing di Indonesia. Jurnal Riset Akuntansi dan Keuangan, 6(1), 1-10
Saputra, W. S., & dkk. (2020). Pengaruh Pajak, Exchange Rate Dan Kepemilikan Asing Terhadap Transfer Pricing. Jurnal Manajemen Strategi Dan Aplikasi Bisnis, 3(2), 109–116.
Setiawan, Hadi. 2014. Transfer Pricing dan Risikonya Terhadap Penerimaan Negara. dari www.kemenkeu.go.id
Sholihah, L. M. (2017). REAKSI PASAR MODAL TERHADAP PENGUMUMAN KEBIJAKAN TAX AMNESTY TANGGAL 1 JULI 2016 (Event Study Pada Perusahaan Publik Sektor Perbankan …. Jurnal Ilmiah Mahasiswa FEB, 2016.
Soepriyanto, G., Indra, Y., The, O., & Zudana, A. (2019). Firms` Participation in Tax Amnesty Program Engaged in Financial Reporting Manipulation: An Empirical Evidence from Listed Companies in Indonesia. The Winners, 20(2), 85. https://doi.org/10.21512/tw.v20i2.5616
Susanti, A., & Firmansyah, A. (2018). Determinants of transfer pricing decisions in Indonesia manufacturing companies. Jurnal Akuntansi & Auditing Indonesia, 22(2), 81–93. https://doi.org/10.20885/jaai.vol22.iss2.art1
Undang-undang No. 11 tahun 2016 tentang Tax Amnesty (Law no. 11 of 2016 on Tax Amnesty)
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Published
2021-11-02
How to Cite
Sa’dani, O. S. (2021). TRANSFER PRICING AND TAX AGGRESSIVENESS IN MULTINATIONAL COMPANIES BEFORE AFTER THE TAX AMNESTY PROGRAM. ACCRUALS (Accounting Research Journal of Sutaatmadja), 5(02). https://doi.org/10.35310/accruals.v5i02.875
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