What is “Juros sobre capital próprio” or “JSCP”? About Brazilian accountance and tax law
Well, this post is dedicated to that foreign crew that is burning their brains trying to understand what is “juros sobre capital próprio”. It’s a Brazilian accountance term with apparently no equivalent abroad. In 1995, Brazilian law-makers approved a law that allows company shareholders to charge the company an interest on the money they’ve put/kept in the company. We are talking here about interests on treasury stocks, retained earnings or capital reserves. What is “Juros sobre capital próprio” or “JSCP”? This interest is called “Juros sobre capital próprio Continue lendo→
