The Effect of Tax Aggressiveness on Debt Maturity: The Ex-Ante Period of Exceeding Indonesia^s Tax Revenue Target Diniyati Zati (a), Mienati Somya Lasmana (a), Okta Sindhu Hartadinata (a*)
Universitas Airlangga
Jl. Airlangga 4-6, Surabaya, East Java, Indonesia
*okta-s-h[at]feb.unair.ac.id
Abstract
This study aims to obtain empirical evidence related to the effect of tax aggressiveness on debt maturity. The population in this study are LQ-45 indexed companies listed on the Indonesia Stock Exchange for the period 2017-2021. The approach used in this research is a quantitative approach with multiple linear regression analysis tools. Determination of the sample selected using purposive sampling method with a total of 105 samples that meet the criteria. The results showed that tax aggressiveness has a significant negative effect on debt maturity, which means that the lower the CETR, so the higher the use of short-term debt. This can be seen in the results of the coefficient of determination (Adjusted R Square), which means that the variability of the dependent variable that can be explained by the independent variable is 23.1%, while the remaining 76.9% is explained by other variables not included in the regression model. This research has implications for the government to improve tax regulation policies and the use of debt in companies, especially in terms of monitoring tax aggressive practices.
