<p><em>The purpose of this research was to examine the effect of tax avoidance and sales growth on external funding in <strong>Manufacturing Companies In The Consumer Goods Industry Sector Listed in Indonesia Stock Exchange in 2017 - 2020</strong>. The sample used in this research was obtained by using purposive sampling method and the regression model was tested by descriptive statistics analysis, multiple linear regression analysis, classic assumptions testing and hypothesis testing. The total population based on criteria within this research are 24 manufakturing companies in the consumer goods industry sector with total 96 annual report for data sample. The result of this research shows that tax avoidance have any significant effect on external funding and sales growth have any significant effect on external funding. And simultaneously, tax avoidance and sales growth have any significant effect on external funding.</em></p>