JUROS SOBRE CAPITAL PRÓPRIO: UM ESTUDO DA CONTRIBUIÇÃO NO RESULTADO TRIBUTÁRIO NAS EMPRESAS GOL E LATAM

This paper aims to analyze the advantages of interest on equity (JSCP) as a way to remunerate shareholders and shareholders, in order to reach the tax economy without having to act in the informality. To elucidate the context of the work the descriptive research method was used, which describes the characteristics of the studied segment and establishes the variables. The financial statements of the companies GOL and LATAM were analyzed through the qualitative and quantitative criteria to reach the final objective of the work. The design of the research is documental, that is, materials that have not yet received analytical treatment. The research universe is the Brazilian civil aviation segment. The years analyzed were exceptionally difficult for both companies because of the devaluation of the real against the dollar, and this caused GOL to accumulate losses in sequence, making both dividend and JSCP difficult. Research shows that from 2010 to 2015 it was not even possible to simulate JSCP because it was either with negative PL or with cumulative losses from previous years. However, the financial equilibrium of LATAM allowed the analysis of the JSCP economy. These difficult times imply a greater accounting-financial intelligence on the part of the managers, so it would be interesting to give importance to the JSCP, because in this period the two companies would add an economy of R $ 38 million, thus proving the specific objective that is the Financial "gain" through the JSCP.