Juros sobre o capital próprio: aspectos societários e tributários

• Ano de defesa: 2010
• Autor(a) principal: Brasil, Bruno Menezes
• Orientador(a): Calças, Manoel de Queiroz Pereira
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Pontifícia Universidade Católica de São Paulo
• Programa de Pós-Graduação: Programa de Estudos Pós-Graduados em Direito
• Departamento: Faculdade de Direito
• País: BR
• Palavras-chave em Português: Lucros; Dividendos; Impostos; Juros sobre capital próprio; Aspectos societários
• Palavras-chave em Inglês: Profits; Tax; Interest; Dividends; Corporate law
• Área do conhecimento CNPq: CNPQ::CIENCIAS SOCIAIS APLICADAS::DIREITO::DIREITO PRIVADO::DIREITO COMERCIAL
• Link de acesso: https://tede2.pucsp.br/handle/handle/5472

An introduction of the discipline about interest on capital in the Brazilian legal system in 1995 with the publication of Law 9.249/95 brought many questions for operators of Law. On one hand, the referred legal provision allowed the accounting of amounts paid under this title as an expense of the paying legal entity for the deduction of the calculation basis of the IRPJ/CSLL. On the other hand, it s conditioned the payment of interest to limits such as the existence of profits in the period or on account of accumulated profits, which is inconsistent with the legal regime of interest under the Civil Code. In addition, it s established as a calculation basis for the payment of interest on capital the account of equity, excluding a reserve account of revaluation of assets and legal rights of the legal entity, and as percentage the variation of the LTIR during the period, which is at least a unique way to calculate an interest rate. The Federal Revenue in order to regulate the related bill has determined normative instructions that define the classification of interest on capital as expenditures for who pays and as revenues for who receives. The CVM, on its turn, has also determined a legislation on the matter by establishing that they should be classified in the retained earnings account of the paying as well as the receiving legal entity, the latter only when evaluated by the equity method and provided that the interest on capital is still integrating the equity of the investee. The possibility to impute the interest on capital to mandatory dividends also brought more questions about the actual legal nature of these, giving space to many questions about what rules apply, whether the CVM or the Federal Revenue. Moreover, the lack of clarity of the Law confirms the questions about the incidence of PIS/COFINS on the receipt of interest on capital. In this scenario, this work aims to tackle the main controversial aspects of the law that governs the institute, demonstrating doctrinal and jurisprudential positions on the matter and concluding with the author's position on the legal nature of the interest on capital