Abstract

The financial statements of companies that conduct initial public offering (IPO) will be more conservative (12.J. Account. Econ. 45:324–349). This study aims to analyze the impact of the Initial Public Offering (IPO) on the level of tax planning. In addition, this study also analyzes the level of tax planning before and after the initial public offering (IPO). The population of this research is manufacturing companies in Indonesia and purposive sampling is used for the sampling technique so that a sample of 14 companies is obtained with 56 data processed for 2 years. The results showed that this study was unable to prove that there were differences in the level of tax avoidance before and after the Initial Public Offering (IPO). However, the results showed that there were differences in performance before and after the implementation of the IPO.