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Brazil’s New 15% Crypto Tax Targets Gains from Foreign Exchanges: What You Need to Know for 2024
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Brazil’s New 15% Crypto Tax Targets Gains from Foreign Exchanges: What You Need to Know for 2024
Brazil Cracks Down on Crypto with on Offshore Gains Brazil is making big changes to how it taxes cryptocurrencies. The Senate just approved new rules that put a on profits from crypto held on foreign exchanges. This is a key move as Brazil’s crypto market grows fast. Starting January 1, 2024, many Brazilians will need to pay taxes on their crypto earnings from platforms outside the country. This tax aims to level the playing field between local …
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