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Brazil imposes a unified 17.5% tax rate on cryptocurrency profits, ending the tax exemption policy for small investors

Brazil imposes a unified 17.5% tax rate on cryptocurrency profits, ending the tax exemption policy for small investors

金色财经2025/06/14 19:04

According to CoinDesk, Brazil has abolished its long-standing tax exemption policy on cryptocurrency gains. Under the new provisional measure (Decree No. 1303), individual profits from cryptocurrencies will be uniformly taxed at a rate of 17.5%. Previously, individuals could sell up to 35,000 reais (approximately $6,300) worth of cryptocurrencies per month without being taxed. Before this change, gains exceeding that threshold were subject to a progressive tax rate, with the highest rate reaching 22.5% for transaction amounts over $5.4 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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