Determinant Analysis of Tax Aggressiveness in The Consumer Non-Cyclicals Sector on the Indonesia Stock Exchange

Abstract

This study aims to provide empirical evidence on the impact of firm size, leverage, profitability, capital intensity, and liquidity on the level of tax aggressiveness. This study uses secondary data derived from financial statements, which are obtained through the official website of the Indonesia Stock Exchange as well as the official website of each company. Tax aggressiveness plays a role as a dependent variable, while independent variables consist of firm size, leverage, profitability, capital intensity, and liquidity. Multiple linear regression analysis is an analysis method used to understand the relationship between dependent variables and independent variables, and this method is performed with the help of SPSS software version 27. The population in this study includes companies engaged in the consumer non-cyclicals sector and listed on the Indonesia Stock Exchange as of 2025. The total sample obtained amounted to 73 observations, with the sampling method used being purposive sampling. This study shows that, partially, profitability has a significant impact on tax aggressiveness. In contrast, the variables of firm size, leverage, capital intensity, and liquidity did not show a significant influence on tax aggressiveness. These findings suggest that profitability is a major factor influencing tax aggressiveness practices, while firm size, leverage, capital intensity, and liquidity do not play a significant role as driving factors in this sample.