{"id":31874,"date":"2025-06-14T17:01:53","date_gmt":"2025-06-14T17:01:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31874"},"modified":"2025-06-14T17:01:53","modified_gmt":"2025-06-14T17:01:53","slug":"brazil-sets-flat-17-5-tax-on-crypto-profits-ending-exemption-for-smaller-investors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31874","title":{"rendered":"Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors"},"content":{"rendered":"<div>\n<p>Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (<a href=\"https:\/\/www.in.gov.br\/en\/web\/dou\/-\/medida-provisoria-n-1.303-de-11-de-junho-de-2025-635608558\">MP 1303<\/a>), imposing a 17.5% tax on all crypto profits for individuals.<\/p>\n<p>Previously, individuals selling up to R$35,000 (around $6,300) worth of crypto per month were exempt from taxation. Before the change, gains above that were taxed progressively, reaching as high as 22.5% for volumes over $5.4 million.<\/p>\n<p>The new rule replaces this system with a flat tax, meaning smaller investors will face higher tax burdens while large holders may see their bills shrink, local news outlet<a href=\"https:\/\/portaldobitcoin.uol.com.br\/governo-derruba-isencao-sobre-lucros-com-criptomoedas-e-fixa-imposto-de-175\/\"> Portal do Bitcoin<\/a> reports.<\/p>\n<p>The tax will apply regardless of where the assets are held, including in overseas exchanges or self-custodial wallets. Losses can be offset, but only within a rolling five-quarter window, a rule that will become stricter starting in 2026.<\/p>\n<p>The government says the overhaul is aimed at boosting tax revenue after walking back a proposed hike to the IOF financial transaction tax, which had drawn industry and congressional criticism.<\/p>\n<p>Alongside crypto, the new measure affects fixed-income investments and online betting, with the former now incurring a fixed 5% tax on earnings and the latter seeing taxes on operator revenues rise from 12% to 18%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals. Previously, individuals selling up to R$35,000 (around $6,300) worth of crypto per month were exempt from taxation. Before the change, gains above that were taxed progressively, reaching as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31874","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31874"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31874\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}