Brazil Imposes 17.5% Flat Tax on All Crypto Gains

Brazil Imposes 17.5% Flat Tax on All Crypto Gains

Brazil has enacted sweeping changes to its cryptocurrency tax policy, abolishing exemptions for small-scale traders and imposing a flat 17.5% tax on all capital gains derived from digital assets. The measure, implemented under Provisional Measure 1303, reflects the government's broader strategy to increase tax revenues from financial markets. Previously, Brazilian residents could sell up to 35,000 Brazilian reals (approximately $6,300 USD) in...

Brazil Imposes 17.5% Flat Tax on All Crypto Gains Coinatory

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