Ownership and Tax Planning (Study on Manufcturing Companies on Indonesia Stock Exchange in 2017 - 2019) Juliati (a*), Rahmawati (b), Sri Hartoko (c), Eko Arief Sudaryono (d)
a) Sebelas Maret University, Jalan Ir Sutami No. 36A Kentingan Jebres Surakarta, Indonesia
*juliati[at]staff.uns.ac.id)
b) Sebelas Maret University, Jalan Ir Sutami No. 36A Kentingan Jebres Surakarta, Indonesia
c) Sebelas Maret University, Jalan Ir Sutami No. 36A Kentingan Jebres Surakarta, Indonesia
d) Sebelas Maret University, Jalan Ir Sutami No. 36A Kentingan Jebres Surakarta, Indonesia
Abstract
This research aims to examine the effect of ownership on company^s tax planning. In share ownership,there are shares owned by families, institutions, foreigners, the state and society. Under the stakeholder theory, hypothesis of this research are families ownership have a positif effect to tax planning- institusions ownership have a negatif effect to tax planning- foreigners ownership have a positif effect to tax planning- the state ownership have a negatif effect to tax planning and society ownership have a positif effect to tax planning. The method of this research is multiple linear regression. Variabel tax planning is measured by ETR and CETR, the variable independent is measured by the number of shareholding and variable control are return on asset, leverage, size and operating cash flow. The result of this research that ownership have an effect to tax planning because the ownership can determine tax planning that one of the policy^s management company and tax planning is the policy that can affect their investment profit.
