The role of Brazil’s inheritance system in wealth inequality

Author: Pedro Humberto Bruno de Carvalho Junior

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Abstract: The study debates the role of Brazil’s inheritance system in wealth inequality. Brazilian civil laws have encouraged the transfer of property to children due to the rule of forced heirs. Household surveys show that the richest 5 per cent of the population have had fewer children and more capital to transfer to their heirs under minimal taxation, especially during the military dictatorship (1964–1988), when only transfers of real estate were taxed.

Keyword: Wealth inequality; elites; inheritance; estate tax; Brazil

Publication Date: 14 de June de 2024

Type/Issue: Working Paper

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