O imposto sobre grandes fortunas: sua aplicação internacional e possíveis consequências para o Brasil

Abstract

This article seeks to investigate and discuss the consequences of the Wealth Tax in European countries, in order to try to establish possible paths to be followed for the institution and regulation of the Wealth Tax (IGF) in Brazil. To this end, a bibliographical review and comparative study were used. The IGF has the potential to increase the collection of public revenue derived in the tax category and reduce economic inequality, acting as a full enshrinement of the principle of contributory capacity in the tax sphere. However, tax avoidance and evasion have presented themselves as obstacles to the effectiveness of the tax. Tax avoidance strategies,such as transferring assets to lower tax jurisdictions, and tax evasion, through the omission or understatement of financial information, may compromise the IGF's ability to meet its objectives. European countries have adopted measures to combat tax evasion, such as improving supervision, strengthening international cooperation and implementing stricter regulations. However, evasion continues to be a significant challenge, requiring constant updating of policies and control mechanisms. The success of the IGF depends on effectively facing these challenges, ensuring fiscal justice and compliance with tax obligations. Brazil, since the Federal Constitution of 1988, could have regulated the IGF. It didn’t. Will it?