Effects of Taxpayer Code of Ethics and Tax Sanctions on Tax Morale and Voluntary Tax Compliance of Listed Companies on The Stock Exchange of Thailand
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Abstract
This research aimed (1) to analyze the effect of the taxpayer code of ethics and tax sanctions on the voluntary tax compliance of listed companies in the Stock Exchange of Thailand; (2) to analyze the effect of the taxpayer code of ethics and tax sanctions, mediated by tax morality, on the voluntary tax compliance of listed companies in the Stock Exchange of Thailand; and (3) to compare the general information of respondents in relation to opinions on taxpayer code of ethics and tax sanctions. This study employed a quantitative research design. Data were collected via questionnaire from 380 Chief Financial Officers (CFO) of listed companies in the Stock Exchange of Thailand. Hierarchical random sampling was used in order to select the sample. The collected data were analyzed using a structural equation model. The findings of the study indicated the following: 1) taxpayer code of ethics and tax sanctions have direct and indirect positive influences on voluntary tax compliance; 2) the willingness to pay taxes varies across industry groups, suggesting different perceptions of taxpayer code of ethics and tax sanctions; and 3) factors such as gender, age, level of education, and work experience, do not significantly influence opinions on taxpayer code of ethics or tax sanctions.
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References
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