Abstract

LIMA, Lauro Vinício de Almeida; MARTIS, Orleans Silva  and  MACHADO, Márcia Reis. Relationship between the tax on the added value and the growth of the companies. Contad. Adm [online]. 2020, vol.65, n.3, 00013.  Epub Sep 13, 2021. ISSN 0186-1042.  https://doi.org/10.22201/fca.24488410e.2020.2383.

The purpose of this research was to verify the relationship between the Value Added Tax (VAT) rate and the growth of companies. For this, the research took into account that VAT makes up the price of all goods and services consumed in the country and that the price paid has as limitation the predisposition for consumption due to its level. Given this, the investigation started from the possibility that companies have to absorb part of possible increases in the VAT rate, which indirectly would cause a negative impact on the growth rate of companies. Thus, the analysis of growth was proposed in two dimensions: the growth of revenues and the growth of assets. Finally, to establish the analysis of the impact of VAT, and its increase, in the growth of companies, a representative variable of the two growth dimensions was constructed, in an analysis by main components, through the orthogonal transformation, with the greatest possible variance, between the growth of the income of the total assets. The results validated the structural model of the research, finding a negative influence of the VAT on the growth of the companies, affecting the decisions of future investment.

Keywords : Growth of companies; Tax on consumption; VAT; Indirect taxation; K34; M21; M41; O23.

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