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Sherry Schult t8Dt
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Summary of Income Tax Declaration for Cryptocurrencies in Brazil
Here are the main points not to forget.
What are cryptocurrencies, according to the Federal Revenue Service?
A cryptocurrency, according to the Federal Revenue Service, is the “digital representation of value denominated in its own unit of account, the price of which can be expressed in local or foreign sovereign currency, transacted electronically using cryptography and distributed ledger technologies, which can be used as a form of investment, instrument for transferring values or accessing services, and which does not constitute legal tender”.
What are cryptocurrencies, according to the Federal Revenue Service?
A cryptocurrency, according to the Federal Revenue Service, is the “digital representation of value denominated in its own unit of account, the price of which can be expressed in local or foreign sovereign currency, transacted electronically using cryptography and distributed ledger technologies, which can be used as a form of investment, instrument for transferring values or accessing services, and which does not constitute legal tender”.
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