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