Effect Of Deferred Tax Assets, Tax Planning And Profitability On Income Smoothing

Abstract

In the study, it is aimed to determine the effects of deferred tax assets, tax planning and profitability levels on the profit smoothing of businesses traded in the Borsa Istanbul (BIST) food and beverage index. In this direction, data on the profit/loss statement and financial position statements of the companies traded in the food and beverage index for the years 2013 and 2022 were used. Scores obtained from the Eckel (1981) index were used to decide whether businesses are making profit smoothing. The deferred tax asset variable is calculated by dividing the change in the deferred tax asset item of the businesses by the deferred tax asset of the previous period. The tax planning variable is determined by dividing the net profit for the period by the profit before tax for the same period. In the financial performance dimension, the return on assets formulation, which is calculated by dividing the profit before tax by the total assets, is used. According to the results obtained from the study in which the logistic regression method was used, it was observed that the independent variables of deferred tax asset and return on assets had no effect on profit smoothing. However, it was determined that the tax planning independent variable had a negative and significant effect on the profit smoothing dependent variable.

Keywords

• Tax Planning
• Income Smoothing
• Deferred Tax Asset
• Financial Performance Level
• Eckel Model

Kar Düzleştirme Üzerinde Ertelenmiş Vergi Varlığı, Vergi Planlaması Ve Finansal Performansın Etkisi

Öz

Çalışmada Borsa İstanbul (BIST) gıda ve içecek endeksinde işlem gören işletmelerin kar düzleştirmeleri üzerinde ertelenmiş vergi varlığı, vergi planlaması ve finansal performans düzeyinin etkisinin tespit edilmesi amaçlanmıştır. Bu doğrultuda gıda ve içecek endeksinde işlem gören işletmelerin 2013 ve 2022 yıllarına ilişkin kar/zarar tablosu ve finansal durum tablolarına ilişkin veriler kullanılmıştır. İşletmelerin kar düzleştirme yapıp yapmadığına karar verebilmek için Eckel (1981) endeksinden elde edilen skorlar kullanılmıştır. İşletmelerin ertelenmiş vergi varlığı kalemindeki değişimin bir dönem önceki ertelenmiş vergi varlığına bölünmesi suretiyle ertelenmiş vergi varlığı değişkeni hesaplanmıştır. Vergi planlaması değişkeni dönem net karının, aynı dönemdeki vergi öncesi kar kalemine bölünmesiyle belirlenmiştir. Finansal performans boyutunda ise vergi öncesi karın aktif toplamına bölünmesiyle hesaplanan aktif karlılığı formülasyonu kullanılmıştır. Lojistik regresyon yönteminin kullanıldığı çalışmadan elde edilen sonuçlara göre ertelenmiş vergi varlığı ve aktif karlılığı bağımsız değişkelerinin kar düzleştirme üzerinde etkisi olmadığı gözlemlenmiştir. Fakat vergi planlaması bağımsız değişkeninin kar düzleştirme bağımlı değişkeni üzerinde negatif ve anlamlı bir etkisi olduğu tespit edilmiştir.

Anahtar Kelimeler

• Vergi Planlaması
• Kar Düzleştirme
• Ertelenmiş Vergi Varlığı
• Finansal Performans Düzeyi
• Eckel Model

Kaynakça

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