How much tax does Brazil charge on cryptocurrencies!!!
Let's take as an example the hypothesis in which the individual acquired R$5,000 in bitcoin. If this amount is sold for R$50,000, income tax will be levied at a rate of 15% on the gain of R$45,000, totaling R$6,750 in tax related to the capital gain.
It is speculated that this tax will increase to 25% in 2025. This will be a blow to the Brazilian cryptocurrency market.
