The Effect of Thin Capitalization, Capital Intensity, and Profitability on Tax Aggressiveness

Tax aggressiveness represents corporate efforts to minimize tax burden through various tax planning strategies that can reduce state revenue. This study aims to analyze the effect of thin capitalization, capital intensity, and profitability on tax aggressiveness in food and beverage subsector companies listed on the Indonesia Stock Exchange for the period 2021-2024. The research employs a quantitative method with a descriptive-verificative approach. The population consists of all food and beverage subsector companies listed on the IDX, with a sample of 14 companies selected using purposive sampling technique, resulting in 56 observations. Hypothesis testing was conducted using panel data regression analysis with Eviews version 12 software. The results indicate that thin capitalization, capital intensity, and profitability partially have significant effects on tax aggressiveness. Simultaneously, these three variables also significantly affect tax aggressiveness with an R-squared value of 51.94%, suggesting that financing structure, fixed asset composition, and profitability level are important factors considered by companies in tax planning. This research contributes to companies in managing tax strategies, to the Directorate General of Taxes in improving supervision, and to investors in assessing corporate tax management practices.