Brazil

JUDGMENT CALL (flagged): No net wealth/worth tax currently levied in Brazil. The 1988 Federal Constitution (Article 153, VII) authorizes the Union to create an 'imposto sobre grandes fortunas' (tax on large fortunes), but Congress has never passed the complementary law required to bring it into effect — it is the only one of the taxes named in the Constitution never to have been regulated/enacted. Numerous legislative proposals have been introduced over the years (including recent ones covered in the press) but none has passed; modeled as no wealth tax since none is actually in force.