The Impact of Indonesian Accounting Standard (PSAK 46 Revised 2013) to the Presentation of Final Taxation on Listed Construction and Real Estate Companies on the Indonesian Stock Exchange 2015-2016

摘要

This study analyzes the impact of changes in Indonesian Accounting Standard 46 (PSAK 46): Income Tax (revised in 2013) on final tax presentations in financial statements. This study used construction and real estate companies listed on the Indonesian Stock Exchange for the book period 2014-2016. The result shows six classifications of final tax presentation among companies. Also, the result of average tests of financial ratios comprising effective tax rates (ETRs), cash ETR, and operating profit margins indicates that the variety of final tax presentations have a significant impact on these three ratios. The result of such diversity in final tax presentations creates a lack of ability to compare financial statements.