Tax Evasion and Company Survival: A Brazilian Case Study

Enterprises face significant growth and survival challenges in highly competitive markets. Many companies fail to meet their tax obligations, which deprives society of essential resources and often results in tax penalties. This article examines whether companies that receive tax fines for evasion h...

Full description

Saved in:
Bibliographic Details
Main Authors: Jorge Luis Tonetto, Josep Miquel Pique, Adelar Fochezatto, Carina Rapetti
Format: Article
Language:English
Published: MDPI AG 2024-10-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/12/11/286
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850144964903698432
author Jorge Luis Tonetto
Josep Miquel Pique
Adelar Fochezatto
Carina Rapetti
author_facet Jorge Luis Tonetto
Josep Miquel Pique
Adelar Fochezatto
Carina Rapetti
author_sort Jorge Luis Tonetto
collection DOAJ
description Enterprises face significant growth and survival challenges in highly competitive markets. Many companies fail to meet their tax obligations, which deprives society of essential resources and often results in tax penalties. This article examines whether companies that receive tax fines for evasion have a longer or shorter life expectancy compared to those that consistently comply with tax regulations. To analyze survival rates, the Kaplan–Meier estimator and Cox regression model were applied, considering factors such company size, sector, location, and tax evasion fines. The study included data from 11,297 firms established in 2017, in Rio Grande do Sul, Brazil. The findings indicate that companies fined for tax evasion had a higher survival rate (69%) compared to those without fines (38%) by 2023. This suggests that fines might serve as a corrective measure, helping companies realign and improve their chances of survival. Additionally, the study shows that medium-sized enterprises face significant challenges, possibly due to exceeding the limits of a simplified tax regime. This study highlights the importance of continued research across different regions and countries to validate these findings and enhance tax administration strategies.
format Article
id doaj-art-8950b2ebbc0c4b8795ca42ef2d851fb5
institution OA Journals
issn 2227-7099
language English
publishDate 2024-10-01
publisher MDPI AG
record_format Article
series Economies
spelling doaj-art-8950b2ebbc0c4b8795ca42ef2d851fb52025-08-20T02:28:12ZengMDPI AGEconomies2227-70992024-10-01121128610.3390/economies12110286Tax Evasion and Company Survival: A Brazilian Case StudyJorge Luis Tonetto0Josep Miquel Pique1Adelar Fochezatto2Carina Rapetti3La Salle, Universitat Ramon Llull, 08022 Barcelona, SpainLa Salle, Universitat Ramon Llull, 08022 Barcelona, SpainBusiness School, Pontifícia Universidade Católica do Rio Grande do Sul, Porto Alegre 90610-970, BrazilLa Salle, Universitat Ramon Llull, 08022 Barcelona, SpainEnterprises face significant growth and survival challenges in highly competitive markets. Many companies fail to meet their tax obligations, which deprives society of essential resources and often results in tax penalties. This article examines whether companies that receive tax fines for evasion have a longer or shorter life expectancy compared to those that consistently comply with tax regulations. To analyze survival rates, the Kaplan–Meier estimator and Cox regression model were applied, considering factors such company size, sector, location, and tax evasion fines. The study included data from 11,297 firms established in 2017, in Rio Grande do Sul, Brazil. The findings indicate that companies fined for tax evasion had a higher survival rate (69%) compared to those without fines (38%) by 2023. This suggests that fines might serve as a corrective measure, helping companies realign and improve their chances of survival. Additionally, the study shows that medium-sized enterprises face significant challenges, possibly due to exceeding the limits of a simplified tax regime. This study highlights the importance of continued research across different regions and countries to validate these findings and enhance tax administration strategies.https://www.mdpi.com/2227-7099/12/11/286tax evasion (H26)semiparametric and nonparametric methods (C14)business economics (M21)development planning and policy (O20)Brazil
spellingShingle Jorge Luis Tonetto
Josep Miquel Pique
Adelar Fochezatto
Carina Rapetti
Tax Evasion and Company Survival: A Brazilian Case Study
Economies
tax evasion (H26)
semiparametric and nonparametric methods (C14)
business economics (M21)
development planning and policy (O20)
Brazil
title Tax Evasion and Company Survival: A Brazilian Case Study
title_full Tax Evasion and Company Survival: A Brazilian Case Study
title_fullStr Tax Evasion and Company Survival: A Brazilian Case Study
title_full_unstemmed Tax Evasion and Company Survival: A Brazilian Case Study
title_short Tax Evasion and Company Survival: A Brazilian Case Study
title_sort tax evasion and company survival a brazilian case study
topic tax evasion (H26)
semiparametric and nonparametric methods (C14)
business economics (M21)
development planning and policy (O20)
Brazil
url https://www.mdpi.com/2227-7099/12/11/286
work_keys_str_mv AT jorgeluistonetto taxevasionandcompanysurvivalabraziliancasestudy
AT josepmiquelpique taxevasionandcompanysurvivalabraziliancasestudy
AT adelarfochezatto taxevasionandcompanysurvivalabraziliancasestudy
AT carinarapetti taxevasionandcompanysurvivalabraziliancasestudy