uncertainty of macroeconomic variables

Today, many companies are facing uncertainty due to political changes. Economic uncertainty makes current tax planning strategies ineffective and forces companies to increase tax avoidance. The aim of the current research is to investigate the financial constraints and its role on the relationship between the uncertainty of macroeconomic variables and tax avoidance.

The present research method is applied research and descriptive-correlation research group and the theoretical framework and background of the research is based on the library research method. The statistical population includes all companies accepted and active in the Tehran Stock Exchange from 2013 to 2020. Based on this, the statistical sample of the research is 163 companies using the method of systematic data removal. Data analysis was done with the help of Eviews12 software.

The results showed that there is no significant relationship between the uncertainty variable of exchange rate and the uncertainty variable of interest rate with tax avoidance of companies. But there is a positive and significant relationship between the uncertainty variable of the GDP rate and the uncertainty about the inflation rate with corporate tax avoidance. Also, the results show that financial restrictions did not have a significant effect on the relationship between the uncertainty of macroeconomic variables and tax avoidance.

Uncertainties of some macroeconomic variables are important criteria that have a significant impact on the tax avoidance of companies and their resource acquisition activities.

Contribution:

 When planning and making decisions, companies should take a special look at macroeconomic variables, especially the GDP rate and the inflation rate, as well as their fluctuations and trends.