Vasconcelos, Pedro Gomes; Paes, Nelson Leitão - In: Journal of Economic Studies 48 (2020) 4, pp. 912-927
Purpose: In an attempt to reduce tax distortions and increase economic efficiency, in 2002 and 2003 Brazil promoted changes in the PIS/COFINS tax, the main federal tax on consumption. Thus, in addition to the old cumulative regime calculated on company revenues, the noncumulative regime was...