THE EFFECT OF LIQUIDITY, SOLVENCY, OPERATING COSTS, AND CAPITAL INTENSITY ON CORPORATE INCOME TAX IN PUBLICLY LISTED COMPANIES IN THE OIL, GAS, AND COAL SUBSECTOR FOR THE PERIOD 2021–2023

Abstract

This study aims to provide empirical evidence regarding the effect of liquidity, solvency, operating costs, and capital intensity on corporate income tax in oil, gas, and coal sub-sector companies in Indonesia. Corporate income tax is measured based on the income tax expense reported in the financial statements. The study employs a quantitative method with secondary data sourced from annual reports and sustainability reports. The research population includes oil, gas, and coal sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the period 2021–2023. A total of 117 observational samples were selected using purposive sampling and analyzed using panel data regression with Eviews 12 software. The results show that operating costs have a significant effect on corporate income tax. However, liquidity, solvency, and capital intensity do not have a significant effect on corporate income tax.