Tom usado nas narrativas contábeis tributárias e a agressividade tributária das companhias abertas brasileiras

Abstract

The aim of this research was to analyze the relationship between the tone of tax accounting narratives and the level of tax of aggressiveness of Brazilian publicly traded companies listed on B3. In order to assess the tone (dependent variable) of the formal tax accounting disclosures, only the textual part of all sections of the explanatory Notes from 2016 to 2020 containing the tax narratives that were cut off and a report was prepared per year for each company that is part of the sample. To measure tax aggressiveness (independent variable), CasheETER, the effective rate of income tax and social contribution paid, was used as a proxy. Additionally, the verification of the relationship between tax aggressiveness and the tone of the tax accounting narrative was carried out through quantitative analysis, using the techniques of descriptive statistics and regression models with panel data. The results indicated that there was no significant relationship between the tone of disclosure of the tax accounting narratives of Brazilian publicly-held companies listed on B3 and the level of tax aggressiveness (H0), not supporting the research hypothesis These results were contrary to some international and national evidence, despite the questionable comparability between the present study and those discussed in the literature review, since only the present one specifically addresses tax narratives