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IGF (Tax on large fortunes;  Imposto sobre grandes fortunas)

The tax on large fortunes (IGF) is a tax of Brazil . It is a federal tax, ie, only the Union has power to institute it (Art.153, VII of the Constitution ). Although defined in the Constitution, the IGF has not been regulated by complementary law , and therefore still can not be charged. The taxpayer, as well as the rate and basis of calculation used have not been defined yet .

In 2010, the Committee on Constitution and Justice (CCJ) the House passed a bill that regulates the tax on large fortunes. With the approval, the project is ready to go to the floor, but no date for this to occur.