Cryptocurrency brokers will have to deduct 15% to 22.5% tax at source.
* Rule applies to national brokers.
According to accountant Ana Paula Rabello (@declarandobtc), there is room for interpretation that any income from operations, such as fixed income tokens offered by national brokerages, are subject to collection in the month in which they occur, at market value, even without withdrawal to the bank.
"This type of operation is subject to withholding tax, which could be used as a snitch tax on crypto operations, similar to what happens on the stock exchange."
