THE EXPLORATORY FACTORS ANALYSIS ON SME’S CORPORATE INCOME TAX COMPLIANCE
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Abstract
The objective of this research was to study the factors of corporate income tax compliance of SMEs. The samples group included 396 accountants of SMEs. A 7-level Likert Scale questionnaire was used for data collection, consisting of 50 questions divided into 5 parts, namely Tax laws and taxation systems, taxation administration, attitudes towards taxation of SMEs, knowledge and understanding of tax law, and the business environment. The statistics used for the data analysis were exploratory factor analysis by extracting the elements by principle component analysis (PCA) and rotating the axis by varimax method. The research found that there were 11 components affecting corporate income tax compliance of SMEs, which have eigenvalues between 1.623-4.888. The results revealed that The Attitude towards taxation has the highest variance, representing the highest important factor of corporate income tax compliance
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