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Kermit o Sapo
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Hey guys, what do you think of this information? Is it really true or will we suffer from taxation?
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Guilherme Haddad Nazar, Binance's vice president for Latin America, said in an interview with E-investidor that Binance will not charge its users the new tax created by the Federal Government with the Tax Reform, which was approved by the National Congress.
When this project was being discussed in the Chamber of Deputies and the Senate, there was a concern that it would create a tax very similar to the old CPMF, which taxed all cryptocurrency transactions. This scared a lot of people. But, with the changes that were made to the project, the tax changed: instead of being charged directly to users when they buy or trade cryptocurrencies, it started to be charged to the companies that work with cryptocurrencies, such as Binance.
ACCORDING TO GUILHERME HADDAD VICE PRESIDENT OF BINANCE LATIN AMERICA🟡
“The tax from the Tax Reform approved by the Brazilian National Congress will not be passed on to our customers”.
Even so, these companies will have to pay this new tax. But, according to Nazar, Binance has decided that it will not pass on this extra cost to its customers. In other words, Binance users will not pay more because of this tax.
The Binance executive also said that the company will make suggestions in the Public Consultations that the Central Bank is conducting on the cryptocurrency market and that Binance intends to grow even more in Brazil.
$BTC $ETH $SOL
FOLLOW THE NEWS⚠️
Guilherme Haddad Nazar, Binance's vice president for Latin America, said in an interview with E-investidor that Binance will not charge its users the new tax created by the Federal Government with the Tax Reform, which was approved by the National Congress.
When this project was being discussed in the Chamber of Deputies and the Senate, there was a concern that it would create a tax very similar to the old CPMF, which taxed all cryptocurrency transactions. This scared a lot of people. But, with the changes that were made to the project, the tax changed: instead of being charged directly to users when they buy or trade cryptocurrencies, it started to be charged to the companies that work with cryptocurrencies, such as Binance.
ACCORDING TO GUILHERME HADDAD VICE PRESIDENT OF BINANCE LATIN AMERICA🟡
“The tax from the Tax Reform approved by the Brazilian National Congress will not be passed on to our customers”.
Even so, these companies will have to pay this new tax. But, according to Nazar, Binance has decided that it will not pass on this extra cost to its customers. In other words, Binance users will not pay more because of this tax.
The Binance executive also said that the company will make suggestions in the Public Consultations that the Central Bank is conducting on the cryptocurrency market and that Binance intends to grow even more in Brazil.
$BTC $ETH $SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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