Sociedade de crédito imobiliário: o único setor financeiro cuja expansão e rentabilidade estão garantidas por décadas

Disclosure of tax incentives and the corporate liabilities in Brazilian public companies: a quantitative study

“…The revaluation of fixed assets (Governo do Brasil, 1958) on projects implemented with its own resources generated incentives to deduct income tax (Cardoso, 1971). Santos and Candiota (1974) found that tax incentives, from income tax exemption on interests and commissions concerning estate financing, among other factors, had a relevant effect on the profitability of the assets of the savings and loan associations, enabling them to have greater growth. Roesch (1984) evaluated the economical efficiency of governmental politics related to tax incentives with professional formation in companies, from 1976 to 1980, and concluded that tax incentives helped the more profitable companies.…”

Disclosure of tax incentives and the corporate liabilities in Brazilian public companies: a quantitative study

“…Some studies analysed the effects of fiscal incentives in many perspectives (Lacombe, 1969;Cardoso, 1971;Santos and Candiota;1974;Roesch 1984Roesch , 1990Durand et al, 1997;Perobelli and Famá, 2002;Ponciano and Campos, 2003;De Luca and Lima, 2007;Formigoni et al, 2008;Scharlack, 2008;among others). Obtaining the tax incentives require many investments from the company.…”