EconPapers    
Economics at your fingertips  
 

Tax on Large Fortunes: the recent international debate and the situation in Brazil

Pedro Carvalho () and Luana Passos ()
Additional contact information
Pedro Carvalho: IPC-IG
Luana Passos: IPC-IG

No 166, Working Papers from International Policy Centre for Inclusive Growth

Abstract: "Many discussions have taken place in Brazil about legislation pertaining to subparagraph VII of article 153 of the 1988 Federal Constitution?the regulation, through a Complementary Law, of the Tax on Large Fortunes (Imposto sobre Grandes Fortunas?IGF). In the current scenario, with the country facing a second consecutive annual decrease in tax revenue, the subject of the implementation of the IGF is gaining some traction, with its proponents vehemently arguing that it can represent a balancing mechanism for a possible increase in the tax burden, so that this increased burden would not fall exclusively on the poorest population through indirect taxes. The economic crisis, together with the political crisis, has reactivated the debate on tax reform, especially regarding demands for a less regressive and more efficient system". (...)

Keywords: Tax; Large Fortunes; recent; international; debate; situation; Brazil (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pbe and nep-pub
Date: 2018-03
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published by UNDP - International Policy Centre for Inclusive Growth , 2018, pages 1-28

Downloads: (external link)
https://ipcig.org/pub/eng/WP166_Tax_on_Large_Fortu ... uation_in_Brazil.pdf First version, 2018 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ipc:wpaper:166

Access Statistics for this paper

More papers in Working Papers from International Policy Centre for Inclusive Growth Contact information at EDIRC.
Bibliographic data for series maintained by Andre Lyra ().

 
Page updated 2019-08-02
Handle: RePEc:ipc:wpaper:166