Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024)

Disya Yuke Farhana ; Enggar Diah Puspa Arum ; Ilham Wahyudi ; Wiralestari Wiralestari
Jurnal Ekonomi, Akuntansi, dan Perpajakan 📅 2026 Vol 3, No 2 🔗 DOI: 10.61132/jeap.v3i2.2225
Abstract
This study examines the effect of transfer pricing, thin capitalization, and intangible assets on tax avoidance among manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2022-2024. Using a purposive sampling method, 90 firms were selected, yielding 262 firm-year observations after removing 8 outliers from an initial pool of 270. Tax avoidance is proxied by the Cash Effective Tax Rate (CETR); transfer pricing by the Related Party Transaction ratio (RPT); thin capitalization by the Debt-to-Equity Ratio (DER); and intangible assets by the ratio of intangible assets to total assets. The results indicate that transfer pricing has a significant negative effect on tax avoidance, thin capitalization has a significant negative effect on tax avoidance, and intangible assets do not significantly affect tax avoidance. The model is jointly significant (F = 25.422; p < .001) with an Adjusted R² of 21.92%, indicating that 21.92% of the variation in tax avoidance is explained by the three independent variables. These findings carry important implications for tax authorities seeking to strengthen oversight of related-party transactions and the capital structures of multinational enterprises.
Keywords
Intangible Assets; Manufacturing Firms; Tax Avoidance; Thin Capitalization; Transfer Pricing
How to Cite

Disya Yuke Farhana, et al. (2026). Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024). Jurnal Ekonomi, Akuntansi, dan Perpajakan, 3(2). https://doi.org/10.61132/jeap.v3i2.2225

Disya Yuke Farhana; Enggar Diah Puspa Arum; Ilham Wahyudi; Wiralestari Wiralestari, "Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024)," Jurnal Ekonomi, Akuntansi, dan Perpajakan, vol. 3, no. 2, 2026.

Disya Yuke Farhana; Enggar Diah Puspa Arum; Ilham Wahyudi; Wiralestari Wiralestari. "Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024)." Jurnal Ekonomi, Akuntansi, dan Perpajakan, vol. 3, no. 2, 2026.

Disya Yuke Farhana; Enggar Diah Puspa Arum; Ilham Wahyudi; Wiralestari Wiralestari. "Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024)." Jurnal Ekonomi, Akuntansi, dan Perpajakan 3, no. 2 (2026).

Disya Yuke Farhana, et al. (2026) 'Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024)', Jurnal Ekonomi, Akuntansi, dan Perpajakan, 3(2). doi: 10.61132/jeap.v3i2.2225.

Disya Yuke Farhana; Enggar Diah Puspa Arum; Ilham Wahyudi; Wiralestari Wiralestari. Transfer Pricing, Thin Capitalization, and Intangible Assets' Impact on Tax Avoidance: Evidence from Indonesian Manufacturing Firms (2022-2024). Jurnal Ekonomi, Akuntansi, dan Perpajakan. 2026;3(2).

Artikel Terkait

Tata Kelola Keuangan dan Penyusunan Anggaran Pendapatan dan Belanja Kalurahan : Studi di Kalurahan Poncosari Kabupaten Bantul Tahun Anggaran 2025

Dita Prihartati; Fadhila Atika Najmi; Salma Abinawa Nurra Majid

The Impact of Sustainability Commitments on Corporate Fiscal Policies: An Empirical Analysis of Indonesian Consumer Cyclical Entities

Nola Safira; Wiralestari Wiralestari; Ilham Wahyudi; Enggar Diah Puspa Arum

Kompleksitas Ekonomi, Industrialisasi, dan Investasi Asing: Studi Empiris pada Negara ASEAN-8

Ibni Sahara; Meifina Dwi Rezky; Amanda Dewi Lestari; Puji Desta Ananda; Nazeli Adnan

Pengaruh Good Corporate Governance, Kinerja Keuangan, dan Earning Per Share terhadap Nilai Perusahaan Badan Usaha Milik Negara

Anggun Fitrah Sari; Ade Widiyanti; Ratna Septiyanti; Sari Indah Oktanti

Keuangan Publik dan Sosial Islam: Peran dan Mekanisme Pengawasan Pemerintah terhadap Kegiatan Ekonomi dalam Perspektif Islam

Deni Arnandi; Deno Deno; Selbia Albina; Thamara, Thamara Putri Andina

Pengaruh Implementasi Core Tax System terhadap Kepatuhan Wajib Pajak di Indonesia

Yosafath Laksana; Lorina Siregar Sudjiman
Tren Sitasi Jurnal