Recovery of Tax Credits and Cash Management: Fiscal Efficiency Strategies for the Corporate Sector

• Author(s): Karina da Fonseca Inacio Silva
• Paper ID: 1712052
• Page: 475-478
• Published Date: 31-12-2022
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 6 Issue 6 December-2022

Abstract

This paper presents a practical and analytical study on the recovery of tax credits and its strategic role in cash management within Brazilian corporations. The research examines the main opportunities arising from the restitution of ICMS, ICMS-ST, PIS, and COFINS credits and their measurable impacts on corporate liquidity and profitability. Based on recent judicial precedents?especially the Supreme Federal Court (STF) ruling that excluded ICMS from the PIS/COFINS calculation base?the study demonstrates how proper credit identification, recognition, and monetization can generate tangible improvements in companies? financial performance. By reviewing empirical evidence from publicly traded firms and technical analyses of accounting standards, the article highlights that systematic credit recovery strengthens fiscal efficiency, reduces the effective tax burden, and supports sustainable business growth. The findings reinforce that tax credit recovery is not merely a compliance mechanism but a key financial management tool that integrates taxation, accounting, and treasury strategy to enhance overall economic resilience.

Keywords

Tax Credit Recovery; ICMS; PIS/COFINS; Cash Management; Fiscal Efficiency; Brazil; Tax Reform; Corporate Liquidity; Accounting Recognition; Supreme Federal Court.

Citations

IRE Journals:
Karina da Fonseca Inacio Silva "Recovery of Tax Credits and Cash Management: Fiscal Efficiency Strategies for the Corporate Sector" Iconic Research And Engineering Journals Volume 6 Issue 6 2022 Page 475-478

IEEE:
Karina da Fonseca Inacio Silva "Recovery of Tax Credits and Cash Management: Fiscal Efficiency Strategies for the Corporate Sector" Iconic Research And Engineering Journals, 6(6)