AN ANALYSIS OF EFFECTIVE TAX RATE (ETR) IN THE DEFINITIVE TAX REGIMEN (RTD) FROM LAW 12.973/14

The researches carried out on the effective tax rate (ETR), are receiving greater attention nowadays due to the high impact of taxes on the corporative results in Brazil, just as the national governments need to explore better strategies on fundraising and its growing resources requirements. This st...

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Detalhes bibliográficos
Autores: Cabeda, Diogo, Farias, Everton da Silveira
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:Brasil
Recursos:Universidade Federal do Rio Grande do Sul (UFRGS)
Repositorio:ConTexto
Idioma:portugués
OAI Identifier:oai:seer.ufrgs.br:article/94923
Acesso em linha:https://seer.ufrgs.br/index.php/ConTexto/article/view/94923
Access Level:acceso abierto
Palavra-chave:Taxa Tributária Efetiva
Lei n° 12.973/14
ETR
RTT
Effective tax rate
Law n. 12.973/14
IFRS
IRPJ
CSLL
Descrição
Resumo:The researches carried out on the effective tax rate (ETR), are receiving greater attention nowadays due to the high impact of taxes on the corporative results in Brazil, just as the national governments need to explore better strategies on fundraising and its growing resources requirements. This study aims to investigate if the effective tax rate on public listed company’s profits has been changed after adopting the International Financial Reporting Standards (IFRS), with removal of the Transitory Tax Regimen (RTT) and the adoption of the Definitive Tax Regimen (RTD) of Law n. 12.973/14. The sample included 2.037 firms over 2008 to 2018 period. The research was done using the descriptive statistics with data from Economática®, whose estimates have been held through data panel technic. With all the analysis it was possible to identify a trend to ETR reduction starting on RTD until today, what is not noted during the RTT period. With these findings, one can identify a greater distance between taxes nominal rates on profits and what is actually calculated here, that can be pointing a higher level of taxes management of the national public listed companies.