capital levy

• Impuesto que grava la riqueza personal o corporativa o los activos de capital, en lugar de los ingresos o las transacciones, utilizado generalmente en situaciones de emergencia o para redistribuir la riqueza.

A tax imposed by a government on personal or corporate wealth or capital assets, rather than on income or transactions, typically used during emergencies or to redistribute wealth.

1. One-time tax on wealthC1formal

   A tax imposed by a government on personal or corporate wealth, typically as a one-time measure to raise significant revenue, often during emergencies like war or economic crisis.

   Impuesto extraordinario sobre el patrimonio

   • The government introduced a capital levy to fund post-war reconstruction.
   • Economists debated the fairness of a one-time capital levy on large fortunes.
   • A capital levy was proposed to reduce the national debt.