The Effect of Profitability and Leverage on Tax Payable in Manufacturing Companies Listed on the IDX for the 2019-2023 Period

Abstract

This study aims to find out the analysis of the Influence of Profitability and Leverage on Taxes Payable in Manufacturing Companies Listed on the IDX for the 2019-2023 Period. The research method used is a quantitative descriptive method. This study uses a quantitative data type and the data source is a secondary data source. The unit of analysis and observation in this study is on chemical sub-raw material manufacturing companies listed on the Indonesia Stock Exchange, with a population of 32 companies. From the population, the purposive sampling technique was chosen and 20 companies were obtained for 5 periods, namely 2019-2023 totaling 100 samples. The analysis method used in this study is multiple linear regression with a regression equation of Amount of Tax payable = 86,709 – 7,143 Profitability – 5,901 Leverage + e. The results of the study simultaneously showed that Profitability, Leverage and Taxes Payable had a value of F calculated Frable with a value of 5,637 3.09 and a significant value of <0.05, which was 0.005 < 0.05. The determination coefficient (R Square) is 0.104 or 10.4% which means that the variables of the company's value can be explained by Profitability and Leverage the remaining 89.6% of the variable tax payable can be explained by other variables that are not studied in this study such as Asset Structure, Liquidity, and Tax Compliance.