Kepemilikan Saham Asing, Dewan Komisaris Asing dan Direksi Asing Terhadap Penghindaran Pajak di Indonesia

Siti Maisaroh, Doddy Setiawan

Abstract


This study aims at examining the effect of foreign interest on tax avoidance in Indonesia. Sample of the study consists of non-financial listed firm in Indonesia Stock Exchange during 2017-2019. There are 911 firm-year observation for the study. Independent variable of the study is foreign interest that consists of foreign ownership, foreign board of commissioner and foreign board of directors towards tax avoidance in Indonesia. Dependent variable is tax avoidance conducted by non-financial firms. The result of the study shows that that foreign ownership and foreign commissioners have a negative effect on tax avoidance. Therefore, the higher foreign ownership in the ownership structure provides negative impact on the tax avoidance. Foreign ownership push management to minimize tax avoidance. Further, foreign commissioner also negatively affects tax avoidance. Meanwhile, foreign directors have no effect on tax avoidance in Indonesia. It can be concluded that the foreign parties have significant effect on the tax avoidance, specifically foreign ownership and foreign commissioners. The higher the foreign share ownership and the number of foreign commissioners on the board of commissioners, the lower the tax avoidance practice in Indonesia.

 

Penelitian ini memiliki tujuan untuk memberikan bukti empiris tentang dampak keberadaan pihak asing terhadap penghindaran pajak di Indonesia. Sampel penelitian ini adalah perusahaan non-keuangan di Bursa Efek Indonesia periode 2017 hingga 2019. Jumlah sampel penelitian sebanyak 911 perusahaan-tahun. Variabel independen penelitian ini adalah keberadaan asing yang diwakili dengan kepemilikan saham asing, komisaris asing dan direktur asing di perusahaan tersebut, sedangkan variabel dependen adalah penghindaran pajak. Hasil penelitian menunjukkan kepemilikan saham asing dan komisaris asing berpengaruh negatif terhadap penghindaran pajak. Hal ini menunjukkan keberadaan pihak asing di jajaran pemegang saham memberikan tekanan kepada manajemen untuk mengurangi penghindaran pajak. Selanjutnya, komisaris yang merupakan warga negara asing juga memberikan dampak negatif terhadap penghindaran pajak. Direksi asing tidak memberikan dampak signifikan terhadap penghindaran pajak. Hasil penelitian ini menunjukkan keberadaan pihak asing, terutama kepemilikan saham dan proporsi di dewan komisaris, memberikan dampak negatif terhadap praktik penghindaran pajak.


Keywords


kepemilikan saham asing;dewan komisaris asing;direksi asing dan penghindaran pajak

References


Annuar, H. A., Salihu, I. A., & Obid, S. N. S. (2014). Corporate Ownership, Governance and Tax Avoidance: An Interactive Effects. Procedia - Social and Behavioral Sciences, 164(August), 150–160. https://doi.org/10.1016/j.sbspro.2014.11.063

Badertscher, B. A., Katz, S. P., & Rego, S. O. (2013). The separation of ownership and control and corporate tax avoidance. Journal of Accounting and Economics, 56(2–3), 228–250. https://doi.org/10.1016/j.jacceco.2013.08.005

Choi, H. M., Sul, W., & Min, S. K. (2012). Foreign board membership and firm value in Korea. Management Decision, 50(2), 207–233. https://doi.org/10.1108/00251741211203533

Comprix, J., Graham, R. C., & Moore, J. A. (2011). Empirical evidence on the impact of book-tax differences on divergence of opinion among investors. Journal of the American Taxation Association, 33(1), 51–78. https://doi.org/10.2308/jata.2011.33.1.51

Danny, D. (2017). Perjanjian Penghindaran Pajak Berganda: Panduan, Interpretasi, dan Aplikasi. Jakarta: Danny Darussalam Tax Center.

Darussalam, S. (2009). Konsep dan Aplikasi Cross-Border Transfer Pricing untuk Tujuan Perpajakan. Jakarta: Danny Darussalam Tax Center.

Drèze, J., & Stern, N. (1987). Chapter 14 The theory of cost-benefit analysis. Handbook of Public Economics, 2, 909–989. https://doi.org/10.1016/S1573-4420(87)80009-5

Gujarati, N., Porter, D.C., 2009. Basic Econometrics. McGraw-Hill/Irwin, New

York

Idzni, I. N. and Purwanto, A. (2017) ‘Pengaruh Ketertarikan Investor Asing Dan Kepemilikan Institusional Terhadap Penghindaran Pajak Perusahaan’, Diponegoro Journal of Accounting, 6(1), pp. 1–12.

Jensen and Meckling. (1978). Can the Survive ? Corporation. Financial Analysts Journal, 34(1), 31–37.

Khanna, T., & Palepu, K. (2000). Is group affiliation profitable in emerging markets? an analysis of diversified Indian business groups. Journal of Finance, 55(2), 867–891. https://doi.org/10.1111/0022-1082.00229

Kusbandiyah, A., & Norwani, N. M. (2018). The Influence of Size Firm and Ownership Structure Toward Aggressive Tax Avoidance of Manufacture Companies Listed in Indonesia Stock Exchange. October. https://doi.org/10.2991/amca-18.2018.37

Mardiasmo. (2016). Perpajakan Edisi Revisi. Yogyakarta: Penerbit Andi.

Muljono, D. (2009). Tax Planning-Menyiasati Pajak dengan Bijak. Yogyakarta: Penerbit ANDI.

Nadhir, M. G. (2015). Pengaruh Minat Investor Asing terhadap Penghindaran Pajak Perusahaan Manufaktur yang terdaftar di BEI 2011-2014. Universitas Indonesia.

Nainggolan, C., & Sari, D. (2020). Kepentingan Asing, Aktivitas Internasional, dan Thin Capitalization: Pengaruh Terhadap Agresivitas Pajak di Indonesia. Jurnal Akuntansi Dan Bisnis, 19(2), 147. https://doi.org/10.20961/jab.v19i2.421

Peraturan Kementerian Keuangan (PMK) 19/PMK.03/2018 tentang Perubahan Kedua atas Peraturan Menteri Keuangan Nomor 70/PMK.03/2017 Tentang Petunjuk Teknis Mengenai Akses Informasi Keuangan untuk Kepentingan Perpajakan. (t.thn.).

Prabandaru, A. (2018). In Tips Pajak. Diambil kembali dari Klik Pajak: http://www.klikpajak.id

Rahayu, N. (2010). Regulatory Evaluation of Foreign Investment Tax Avoidance Practices. Jurnal Akuntansi Dan Keuangan Indonesia, 7(1), 61–78.

Rusydi, M. K., & Martani, D. (2014). Rusydi & Martani 2014.Pdf. In simposium Nasional Akuntansi 17, Lombok, Indonesia (p. PENGARUH STRUKTUR KEPEMILIKAN TERHADAP AGGRESSIVE).

Salihu, I. A., Annuar, H. A., & Sheikh Obid, S. N. (2015). Foreign investors’ interests and corporate tax avoidance: Evidence from an emerging economy. Journal of Contemporary Accounting and Economics, 11(2), 138–147. https://doi.org/10.1016/j.jcae.2015.03.001

Scholes M, W. M. (1992). Taxes and Business Strategy A Planning Approach. Prentice-Hall: Englewood Cliff.

Suandy, E. (2014). Hukum Pajak Edisi 6. Yogyakarta: Penerbit Salemba Empat.

Suranta, E., Midiastuty, P., & Hasibuan, H. R. (2020). The effect of foreign ownership structure and foreign commissioners’ board of tax avoidance. Journal of Economics, Business, & Accountancy Ventura, 22(3), 309–318. https://doi.org/10.14414/jebav.v22i3.2143

Taylor, G., & Richardson, G. (2012). International Corporate Tax Avoidance Practices: Evidence from Australian Firms. International Journal of Accounting, 47(4), 469–496. https://doi.org/10.1016/j.intacc.2012.10.004

Wibowo, J. L. AEOI dan Kesiapan Indonesia. Diambil kembali dari Artikel Pajak: http://www.pajak.go.id




DOI: http://dx.doi.org/10.20961/jab.v21i1.636

Jurnal Akuntansi dan Bisnis (JAB)
ISSN 1412-0852 (print), 2580-5444 (online)
Published by Accounting Study Program, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia


Creative Commons License
JAB on http://jab.fe.uns.ac.id/index.php/jab is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

Visitor Statistic