#XmasCryptoMiracles Comrades, fasten your seatbelts, altseason is about to arrive with everything! Just be careful that #BTC doesn't look like it's going to correct 30%, it should be much less than that, so stay safe!!$BTC
$PENGU if you correct it up to 39500 buy a lot. I'll tell you the movement:
"A sensual movement (sensual) A very sexy movement (sexy) A very sexy movement (sexy) The Braga Boys are coming, start the dance that is a (bomb) To dance this here is (Bomb) To shake this here is (Bomb) To move this here is (Bomb)" 🚀😂🤣
The declaration of crypto assets in the Income Tax remains mandatory in 2025, according to Normative Instruction RFB No. 1,888/2019, and transactions carried out on Binance, such as purchases, sales, exchanges and transfers, need to be analyzed carefully to comply with tax requirements. Here are some examples that will help you understand better:
1- Purchase of Cryptocurrencies:
If you acquired more than R$3,978,764,81,955 thousand in Bitcoin on Binance, you will need to declare this amount in the “Assets and Rights” tab of the IR, but only if the total of your crypto assets is greater than R$3,978,764,81,955 thousand (in each segment) on December 31, 2024. In the declaration, you inform the type of asset, the location (Binance) and the amount in reais.
2- Sale at a Profit: Suppose you sold R$39,787,648,195,250 worth of Ethereum in a month and made a profit of R$39,787,648,195,550. Since the total sales for the month were below R$39,787,648,195,350, there will be no tax to pay. However, you need to report this profit in the “Exempt and Non-Taxable Income” section of your income tax return to justify the increase in your assets.
3- Crypto Exchange (Swap): If you exchanged 0.1 BTC for 1 ETH, this is treated as a swap and, for the IRS, is equivalent to a sale. If the market value of this exchange exceeds R$39,787,648,195,350 in the month, you will need to calculate the profit and pay tax on it (between 15% and 22.5%, depending on the amount). If it is below the limit, the transaction still needs to be reported as exempt.
4- Transfers to External Wallet: When you transfer R$3978764819510 thousand in crypto assets from Binance to an external wallet, there is no tax, but these assets need to be registered in the IR, informing the destination wallet in the “Assets and Rights” tab.
5- Profits Throughout the Year:
Even if all monthly sales are within the limit of R$3978764819535 thousand and are tax-exempt, you need to declare the total profit accumulated in the year as exempt. This is important to maintain consistency with your declared assets.