imposto sobre fortuna

substantivo

partial

wealth tax

noun

Comparative law notes

Portugal

The Brazilian Constitution provides for a tax which is similar to the wealth tax; it is the Imposto sobre Grandes Fortunas, or IGF. However, the IGF has never been regulated under the Brazilian laws, which is why we suggest translating "wealth tax" as "imposto sobre fortuna" or "imposto sobre a riqueza" to avoid confusion.

Definitions of wealth tax

English

a tax on money and property owned by individuals

He suggested eliminating all taxes on wealth and inheritance tax, and replacing them with a 1% wealth tax on assets over £200,000.