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Crypto Tax in Brazil: When and How to Declare Bitcoin to Avoid Penalties

  • Writer: Luiza Sperandio Adum Hemmig
    Luiza Sperandio Adum Hemmig
  • May 29
  • 1 min read

Bitcoin & Crypto: Are You Compliant with Tax Rules?


Crypto investments like Bitcoin are booming in Brazil. But many investors forget an important detail: the Brazilian IRS (Receita Federal) is watching.


Even without detailed regulation, crypto profits must be declared and taxed.



When Do You Need to Declare?


Over R$ 5,000 in crypto? Declare it in your income tax.


Sold over R$ 35,000 in one month? Pay capital gains tax.


Tax rates start at 15% and go up to 22.5%, depending on the gain.



What If You Don’t Declare?


  • Fines up to 150% of the tax owed.

  • Tax evasion investigations.

  • Seizure of assets or account freezes.



How to Stay Safe?


The best way is simple: tax planning and professional guidance.



Benefits of Tax Planning


  • Choose the best tax regime for your activity;

  • Correct capital gains calculation;

  • Legal tax reduction strategies;

  • Avoid penalties and audits.



Cryptos are promising, but without the right tax steps, they become a risk. Declare, calculate and pay properly — or consult a crypto tax lawyer to help you out.

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