Author(s): Wanpen Klinphanich
This study examines the influence of corporate governance disclosures for tax evasion planning of 200 Thai companies listed on the Stock Exchange of Thailand. Data is collected from CG Code reports, corporate social responsibility report, sustainability disclosures, annual report (form 56-1), annual financial statements, and notes to the financial statements in 2019. Quantitative research methods are considered appropriate for this study using Multiple Linear Regression for data analysis. The results of the study reveals that the CG Code disclosures based on the eight principles of 2017 have a positive influence on tax evasion planning from reduction in net accounting profit and net taxable profit, and calculation of tax ratio (TAX) per Cash Flow from Operation (CFO) (78%), at statistically significant level 01. The size of good corporate governance disclosures has an influence on tax evasion planning at statistically significant level 01. Good corporate governance principles of 2017 in this study have an influence on the tax evasion planning from reduction in net accounting profit and net taxable profits. By disclosing CG Code information based on the eight principles of good corporate governance 2017, listed companies can be seen as a fair practice firm in avoiding tax evasion, as well as enhancing a company's image of transparency and reliability.