Research

Assessing the Effects of the PL3887-2020 Tobacco Tax Reform (Policy Brief)

This Policy Brief was written by Universidade Católica Brasília (UCB) in Brazil. The policy brief assesses the impact of recently proposed tobacco tax reforms on cigarette consumption and tax revenues in Brazil. Specifically, UCB discusses Bill PL3887-2020, the proposed legislation which would replace the current PIS/COFINS with the CBS (Social Contribution on Operations with Goods and Services). The researchers conclude that this reform would increase cigarette prices, decrease consumption, and increase tax revenue, while decreasing the price gap between cigarette brands and cross-border shopping. This policy brief thoroughly discusses the proposed tax reform and the effect it would have on Brazil.

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A corresponding Report can be found here.