PENGARUH C URRENT RATIO DAN PROFIT MARGIN RATIO TERHADAP EFFECTIVE TAX RATIO PADA PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BEI TAHUN 2022–2024

Abstract

This study focuses on analyzing the effect of the Current R atio and Profit Margin Ratio

on the Effective Tax Ratio (ETR) in transportation and logistics companies listed on the

Indonesia Stock Exchange (IDX) for the 2022–2024 period. The method used is a quantitative

approach with panel data regression analysis to examine the relationship between variables.

The sample was selected using a simple random sampling technique, covering nine companies

with three years of observation, resulting in 27 observational data sets. In this study, the

Current Ratio and Profit Margin Ratio were used as independent variables, while the Effective

Tax Ratio was the dependent variable. The analysis found that the Current Ratio had a

significant negative effect on the ETR, while the Profit Margin Ratio had no significant effect.

However, when both variables were tested simultaneously, the results showed a significant

positive effect on the ETR. These findings confirm that the level of profitability has a more

dominant influence on a company's ability to meet tax obligations than the level of liquidity.