Brazil Ends Crypto Tax Break, Imposes 17.5% Flat Rate
Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure 1303 as part of the government’s push to raise revenue through financial market taxation. Until now, Brazilian residents who sold up to 35,000 Brazilian reals … Read more