Influência das práticas filantrópicas na Tax Avoidance de empresas brasileiras

Abstract

The post-pandemic situation and the emerging international conflicts framework, which impacted global economies and intensified inequalities. This scenario encourages philanthropic actions as a compensating means to the States' absence of property and services, which are subject to greater pressure for spending, while private entities seek mechanisms to maintain profitability, with tax avoidance being a possible strategy to be adopted to achieve this end. In this scenario, the choices about how information is disclosed has proven to be relevant to projecting a trust and solidity image, which maybe is why companies have disclosed information in their accounting reports that goes beyond what must be presented due to regulatory requirements. Thus, considering that entities would not invest in producing information without this resulting in some company benefit, in addition to the fact that the look for reducing tax burden has reputational impacts, this study aims to investigate the philanthropic practices influence level in brazilian’s enterprises listed in the 2024 ISE (Corporate Sustainability Index) of B3. For this purpose, will be used an documental analysis at disclosed philanthropic information in the Financial Statements, Integrated Report, Sustainability Report and/or Social Impact Report of companies listed on B3, through this disclosure of philanthropic information is measured by the level of identifying disclosure obtained through the coding of these accounting disclosure reports, will be established the proxy “philanthropy” that will be confronted by GAAP and current ETR, established as tax avoidance measurement proxy, seeking to identify if there is a significant relationship between tax avoidance and philanthropy, in addition to investigate if there is an the directly proportional relationship between philanthropy disclosure information level and tax avoidance practice level. The study did not rule out the hypothesis of an association between the disclosure of philanthropic actions and tax avoidance practices., and it also identified evidence of a relationship between these two constructs, that is, the higher the level of philanthropic disclosure, the higher the rates of tax avoidance.