EVIDENCE OF OPPORTUNIST UTILIZATION OF ACCOUNTING STANDARDS PROCEDURES ABOUT DEFERRED TAX LIABILITIES RECOGNITION IN BRAZILIAN AND SPANISH COMPANIES
DOI:
https://doi.org/10.11606/rco.v6i16.52666Keywords:
Tax Liabilities, Tax Benefits, Accounting Manipulation.Abstract
This study investigates the relationship that may exist between the level of accounting recognition of deferred tax liabilities and explanatory variables related to economic, financial and company size. This study is part of a wider investigation - this path developed by Brazilian and Spanish professors, and therefore was performed on two samples of Spanish and Brazilian companies during the year 2003 to 2005 and tends to future continuation. The analysis was performed using a multiple regression using ordinary least square, with data arranged in the panel. The level of deferred tax liabilities has been calculated from the ratio of deferred tax liabilities (DTL), and in multiple regressions with the explanatory variables. The main results show that the DTL variation in the sample companies IBOVESPA during the review period is explained by about 95% by varying the ratio of indebtedness. In Spanish companies in the IBEX-35 RPFD variation during the period analyzes is soon explained 82% of the variation in debt ratios and firm size.Downloads
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