RELATIONSHIP BETWEEN TAX MANAGEMENT AND THE DISCLOSURE OF TAXABLE CONTINGENT LIABILITIES IN COMPANIES LISTED IN THE NEW MARKET OF [B]3

This research aimed to evaluate the relationship between tax management and the disclosure of taxable contingent liabilities in companies listed in the New Market segment of [B]3. The level of disclosure of the tax contingent liabilities by companies was found based on a checklist drafted according to the requirements of CPC 25. In order to measure tax management, the variables Effective Tax Rates (ETR), Cash Effective Tax Rates (CashETR) and Book-Tax Differences (BTD) were used. The results also indicate a significant and negative relationship between the BTD and the disclosure of the taxable contingent liabilities. Thus, the New Market companies do not work to reduce the taxable profit against the accounting profit, they seek to highlight the requirements made by CPC 25 on the taxable contingent liabilities. It is concluded that the study contributes to the literature on tax management and the disclosure level of tax contingent liabilities of Brazilian companies, by pointing out the description of tax management and tax contingent liabilities, as well as the relationship between the two.