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

Blockbeats

06-14

BlockBeats News, June 14, according to a report by CoinDesk, Brazil has ended its long-standing tax exemption policy on cryptocurrency profits. Under the new provisional decree (Decree No. 1303), individual cryptocurrency profits will be subject to a unified tax rate of 17.5%.

Previously, individuals selling up to 35,000 reals (approximately $6,300 USD) worth of cryptocurrency per month were not required to pay taxes. Before this change, profits exceeding that threshold were taxed on a progressive scale, with the highest rate reaching 22.5% for transactions exceeding $5.4 million USD.

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Under the new provisional decree (Decree No. 1303), ...</p>\n\n<a href=\"https://www.theblockbeats.info//en/flash/298445\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/298445","article_id":"2543628496","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543628496","pubTimestamp":1749916500,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, June 14, according to a report by CoinDesk, Brazil has ended its long-standing tax exemption policy on cryptocurrency profits. 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