Post by account_disabled on Feb 25, 2024 1:51:55 GMT -5
The complexity of the institute, in fact, is not trivial. Returning to Chesterton's allegory presented in the introduction, it seems to us that there are real reasons why the ' fence' that is now intended to be reformed was placed there by “ some person [who] had some reason to think that it would be something good for someone” .
And, to date, the specialized literature, very well compiled by professors Rodrigo de Losso and Joelson Sampaio, in a column published on the Valor Investe portal , on the occasion of the incursion of former minister Paulo Guedes in 2021, indicates that, in fact, since its implementation, interest on equity has favorably impacted the capital structure of companies. This happened precisely due to the reduction in tax incentives for corporate debt.
For these reasons, the possibility is not denied that the B2B Email List discussed so far will be reviewed, improved or, eventually, even eliminated. However, changes of this nature should only be carried out after an effective understanding of the reasons that justified their institution and the assessment of whether the problems they sought to address persist today and to what extent they justify, or not, the persistence of the institute — which, unless better judgment, has not been made with the necessary seriousness.
If this course of action is not reviewed, we will, as a nation, be passing over the opportunity to reform the institute, in favor of its potential misrepresentation.
Otherwise, there is a high risk of not promoting a reform, but a deformation whose effects may be potentially more harmful than those that the change is intended to avoid.
This care, however, does not seem to be waived by the current government in some measures. Notably, with regard to the intention to reform interest on equity, the subject of this article.
For those who are not familiar with the discussion, interest on equity is an institute provided for in article 9, of Law No. 9,249, of December 26, 1995, corresponding to “ interest paid or credited individually to holder, partners or shareholders, to equity remuneration title, calculated on the equity accounts” .
A practice that, on the one hand, is beneficial to the partners, who receive part of the results of the companies in which they participate, on the other, it is beneficial to the companies, as the amounts paid in this regard can be deducted from the calculation of profit taxable.
The complexity of the institute is not trivial, which is why several discussions are held about it. However, the one that has taken the spotlight in recent years seems to us to be the most basic: the federal government's intention to extinguish it.
And, to date, the specialized literature, very well compiled by professors Rodrigo de Losso and Joelson Sampaio, in a column published on the Valor Investe portal , on the occasion of the incursion of former minister Paulo Guedes in 2021, indicates that, in fact, since its implementation, interest on equity has favorably impacted the capital structure of companies. This happened precisely due to the reduction in tax incentives for corporate debt.
For these reasons, the possibility is not denied that the B2B Email List discussed so far will be reviewed, improved or, eventually, even eliminated. However, changes of this nature should only be carried out after an effective understanding of the reasons that justified their institution and the assessment of whether the problems they sought to address persist today and to what extent they justify, or not, the persistence of the institute — which, unless better judgment, has not been made with the necessary seriousness.
If this course of action is not reviewed, we will, as a nation, be passing over the opportunity to reform the institute, in favor of its potential misrepresentation.
Otherwise, there is a high risk of not promoting a reform, but a deformation whose effects may be potentially more harmful than those that the change is intended to avoid.
This care, however, does not seem to be waived by the current government in some measures. Notably, with regard to the intention to reform interest on equity, the subject of this article.
For those who are not familiar with the discussion, interest on equity is an institute provided for in article 9, of Law No. 9,249, of December 26, 1995, corresponding to “ interest paid or credited individually to holder, partners or shareholders, to equity remuneration title, calculated on the equity accounts” .
A practice that, on the one hand, is beneficial to the partners, who receive part of the results of the companies in which they participate, on the other, it is beneficial to the companies, as the amounts paid in this regard can be deducted from the calculation of profit taxable.
The complexity of the institute is not trivial, which is why several discussions are held about it. However, the one that has taken the spotlight in recent years seems to us to be the most basic: the federal government's intention to extinguish it.