Empresas brasileiras de capital aberto que pagam menos impostos criam mais empregos?

  1. Lopo Martinez, Antonio 1
  2. Silva, Raimundo da 2
  1. 1 Universidade de Coimbra
    info

    Universidade de Coimbra

    Coímbra, Portugal

    ROR https://ror.org/04z8k9a98

  2. 2 Universidade Federal do Espírito Santo
    info

    Universidade Federal do Espírito Santo

    Vitória, Brasil

    ROR https://ror.org/05sxf4h28

Revista:
Revista Catarinense da Ciência Contábil

ISSN: 2237-7662,  1808-3781

Año de publicación: 2020

Número: 19

Tipo: Artículo

DOI: 10.16930/2237-766220202894 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Otras publicaciones en: Revista Catarinense da Ciência Contábil

Resumen

There is a widespread assumption that lower corporate taxation will lead to higher rates of job creation, but this belief may be false, as challenged by Anderson and Pizzigati (2017). This article studies the relationship between job creation and 3 tax aggressiveness proxies in Brazilian non-financial firms listed in B3 in the period between 2011 and 2016. The estimates were created using the methods of ordinary least squares (OLS) and quantile regression. The results obtained from the estimates using OLS did not present significant evidence of an association between the rate of job creation and effective tax rates. In the quantile regressions, it was possible to find a significant and positive relationship between job creation and effective tax rates, exclusively in quantile 25 of the effective tax rate on value added. Quantiles 50 and 75 presented negative relationships between job creation and effective tax rates in different tax aggressiveness metrics. The results suggest that the firm’s tax aggressiveness profile influences the relationship. While in the less tax-aggressive companies a reduction of the tax burden would potentially stimulate job creation, in those companies that are more tax-aggressive, the tax break may lead to the undesirable effect of a fall in job creation.

Referencias bibliográficas

  • Anderson, S., & Pizzigati, S. (2017) Corporate tax cuts boost CEO pay, not jobs. Institute for Policy Studies, Washington DC. Recuperado de https://inequality.org/research/report-corporate-tax-cuts-boost-ceo-pay-not-jobs/
  • Blouin, J., & Krull, L. (2009). Bringing it home: A study of the incentives surrounding the repatriation of foreign earnings under the American Jobs Creation Act of 2004. Journal of Accounting Research, 47(4), 1027-1059. doi: 10.1111/j.1475-679X.2009.00342.x
  • Dixon, J. N., & Nassios, J. (2016) Modelling the impacts of a cut to company tax in Australia. Centre of Policy Studies Working Paper n. G-260, Victoria University.
  • Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50(2), 127-178. doi: 10.1016/j.jacceco.2010.09.002
  • Koenker, R., & Basset, G. (1978) Regression quantiles. Ecometrica, 46(1), 33-50. doi: 10.2307/1913643
  • Kouparitsas, M., Prihardini, D., & Beames, A. (2016). Analysis of the long term effects of a company tax cut. Treasury Working Paper, Australian Government, 2016.
  • Lê Cook, B. & Manning, W. G. (2013). Thinking beyond the mean: A practical guide for using quantile regression methods for health services research. Shanghai Archives of Psychiatry, 25(1), 55-59. doi: 10.3969/j.issn.1002-0829.2013.01.011
  • Leigh, A. (2018). Do firms that pay less company tax create more jobs? Economic Analysis and Policy, 59, 25-28. doi: 10.1016/j.eap.2018.02.003
  • LeRoy, G. (2005). The great American jobs scam: corporate tax dodging and the myth of job creation (1a ed.). San Francisco: Berrett-Koehler.
  • Ljungqvist, A., & Smolyansky, M. (2016). To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income, Finance and Economics Discussion Series 2016-006. Washington: Board of Governors of the Federal Reserve System. doi: 10.17016/FEDS.2016.006
  • Martinez, A. L. & da Silva, R. (2018). Restrição financeira e agressividade fiscal nas empresas brasileiras de capital aberto. Advances in Scientific and Applied Accounting, 11(3), 448-463. doi: 10.14392/asaa.2018110305
  • Martinez, A. L. (2017). Tax aggressiveness: A literature survey. Revista de Educação e Pesquisa em Contabilidade (REPeC), 11, 104-121. doi: 10.17524/repec.v11i0.1724
  • Pohlmann, M. C. & Iudícibus, S. de (2006). Classificação da pesquisa tributária: uma abordagem interdisciplinar. Enfoque: Reflexão Contábil, 25(3), 57-71.
  • Shuai, X. & Chmura, C. (2013). The effect of state corporate income tax rate cuts on job creation. Business Economics, 48(3), 183-93. doi: 10.1057/be.2013.21
  • Sousa, M. D. & Neto, V. B. (2001). Tributação da renda e do consumo no Brasil: Uma abordagem macroeconômica. Estudos Econômicos, 33(1), 5-42.
  • Vello, A. P. C. & Martinez, A. L. (2014). Planejamento tributário eficiente: Uma análise de sua relação com o risco de mercado. Revista Contemporânea de Contabilidade, 11(23), 117-140. doi: 10.5007/2175-8069.2014v11n23p117
  • Shuai, X. & Chmura, C. (2013).The Effect of State Corporate Income Tax Rate Cuts on Job Creation. Business Economics, 48(3), 83-193.
  • Zamprogno, L. V., Jesus Filho, J., & Funchal, B. (2009). Proteção ao credor, sistema de informação e o desenvolvimento do mercado de crédito dos países do mercosul. Brazilian Business Review – BBR, 6(3), 296-306. doi: 10.15728/bbr.2009.6.3.6
Fuente de los datos: Dialnet