The effects of government subsidy towards tax avoidance and wealth generation - DOI: http://dx.doi.org/10.16930/2237-7662/rccc.v15n45p34-48

Authors

  • Rodrigo de Souza Gonçalves Universidade de Brasília - UnB
  • Geovanna Gonzaga do Nascimento Universidade de Brasília - UnB
  • Marcelo Driemeyer Wilbert Universidade de Brasília

DOI:

https://doi.org/10.16930/2237-7662/rccc.v15n45p34-48

Keywords:

Tax avoidance, Government incentives, Wealth, Society.

Abstract

This research examines whether the listed Brazilian companies that received government grants got higher tax avoidance and have generated more wealth for the society in 2014, when compared to companies that did not receive such grants. The study is quantitative in nature and it considers indicators of tax avoidance (Effective Tax Rate - ETR) according to Hanlon and Heitzman (2010), of wealth generation (Quotient between the Gross Value Added and billing -QVAF) and of wealth distribution (Value Added Distribution Index - IDVA). The sample includes 64 companies listed on the BM & FBOVESPA, divided into two groups of 32 companies each, compared in relation to their size and activity sector. As a result, it was found out that the government grants recipient firms had a higher level of tax avoidance in relation to taxes on income and had less added value to their goods and services produced and marketed. However, these companies generated a higher total value added, with a relatively greater wealth distribution for tax payment (32.44%) and personal (25.05%), thus justifying the tax incentives in the year studied.

Author Biographies

Rodrigo de Souza Gonçalves, Universidade de Brasília - UnB

Possui graduação em Ciências Contábeis, e pós-graduação (lato sensu), mestrado em Controladoria e Contabilidade Estratégia pela Fundação Escola de Comércio Álvares Penteado FECAP e Doutorado em Ciências Contábeis pelo Programa Multiinstitucional e Inter-regional de Pós-graduação em Ciências Contábeis (UnB/UFRN/UFPB). Na área de assessoria empresarial na área Contábil atua deste 1994, em que está centrada nas linhas de assessoria trabalhista; assessoria fiscal e assessoria contábil à empresas do setor privado. Na perícia judicial iniciou suas atividades no ano de 2005, elaborando laudos e pareceres para auxiliar o Juízo em suas sentenças. Na área do ensino superior iniciou no ano de 2002, lecionando disciplinas nos cursos de Administração de Empresas, Ciências Contábeis, Turismo e Hotelaria. Durante o ano de 2006 foi consultor do PNUD Programa das Nações Unidas para o Desenvolvimento e atualmente é professor da UnB Universidade de Brasília, com pesquisas desenvolvidas na área de evidenciação de relatórios financeiros, evidenciação de relatórios de responsabilidade social e relatórios de prestação de contas à conselhos de saúde.

Geovanna Gonzaga do Nascimento, Universidade de Brasília - UnB

Bacharel em Ciências Contábeis pela Universidade de Brasília

Marcelo Driemeyer Wilbert, Universidade de Brasília

Doutor em Economia. Professor da Universidade de Brasília (UnB).

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Published

2016-07-26

How to Cite

Gonçalves, R. de S., Nascimento, G. G. do, & Wilbert, M. D. (2016). The effects of government subsidy towards tax avoidance and wealth generation - DOI: http://dx.doi.org/10.16930/2237-7662/rccc.v15n45p34-48. Revista Catarinense Da Ciência Contábil, 15(45), p. 33–48. https://doi.org/10.16930/2237-7662/rccc.v15n45p34-48

Issue

Vol. 15 No. 45 (2016): Maio-Agosto

Section

Articles

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