Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors - news.adtechsolutions Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors - news.adtechsolutions ​​​​​​​​​​​​​​​​​         

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Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors



Brazil has screwed a long-term fiscal exemption on cryptouro gains, with a new provisional measure (Mp 1303), impose a 17.5% rate in all the Crypto profits for individuals.

Previously, individuals selling up to R $ 35,000 (about $ 6,300) of Crypto per month were exempted by taxation. Before change, earnings above that were progressively, arrived as 22.5% by volumes more than $ 5.4 million.

The new rule replaces this system with a flat tax, which smaller investors make tax annoyings Portal the bitcoin reports.

The tax appears the expected to where the axes are held, including the overseas or autored wall exchanges. The loss can be compensated, but only in a five-quarter window, a rule that will become strictly in 2026.

The government says that luck is delivered to the entrance of immosent timing back a truer proximal to the financial transaction and had drawn the industry and caliper’s industry.

Beside Crypto, the new measurement affect investments and ancient taxes to the earned and last vice tax on 12% to 18%.





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