Tributação em IRC da detenção e alienação de acções cotadas em bolsa

  • João Luís Martins Cavaleiro Barbas (Student)

Student thesis: Master's Thesis

Abstract

The objective of this study is to examine the issue of shares held in companies listed in the stock exchange and respective implications in accounting and fiscal terms, with a particular focus on Corporate Income Tax. To this end, it is crucial to make a distinction between entities that adopt Accounting and Financial Reporting Standards (NCRF) or the International Accounting Standards (IAS). The purpose of the creation of the Accounting Standardisation System (SNC) was, firstly, to bring the Portuguese accounting standards closer to the ones practised in Europe. However, this goal is still not fully met. There are significant accounting differences if the company decides to apply the SNC or IAS, and the company may choose to apply European instead of national standards. This might have implications at a taxing level. Should the companies decide to apply the SNC, it may only register the change in the fair value in the financial results. If the entity opts for international standards, it may account for variations in results or in equity. Companies that account their fair value changes through the financial results must take into account the position held in the portfolio, as there are significant differences in tax matters, depending on the percentage of capital held. On the other hand, in utilizing the fair value model through equity, the variations in the position held show no relevance in the calculation of taxable income.
Date of Award30 Nov 2016
Original languagePortuguese
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorPaulo Alves (Supervisor)

Designation

  • Mestrado em Finanças

Cite this

'