💰 Crypto Tax Guide for 2025: Stay Compliant! 💸📊
Brazil’s Federal Revenue Service (RFB) continues to enforce cryptocurrency reporting under Normative Instruction No. 1,888/2019, extending through 2025. 🚨 If your crypto holdings exceed R$6,000 in acquisition cost per category, you must report them. For example, owning R$5,500 in Bitcoin and R$4,000 in Ethereum means no declaration is necessary. 📉
However, if your crypto sales yield profits above R$40,000 in a month, you must calculate and pay tax on the capital gain. 📈 Capital gain is the difference between your purchase and sale price, with tax rates ranging from 15% to 22.5%, depending on the profit. This tax is due by the last working day of the month after the transaction. ⏰
Remember, peer-to-peer transactions aren’t exempt! Blockchain technology tracks all transactions, and tools like DeCripto ensure accurate monitoring. 🔍
To avoid penalties, keep detailed records of every transaction: purchase prices, sale prices, dates, and quantities. 📚 The Federal Revenue Service is watching closely, so staying transparent is key to avoiding trouble.
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