Brazilian Senate OKs ‘15% Crypto Tax Rate’

Brazilian Senate OKs ‘15% Crypto Tax Rate’

Source: karlavidal/Adobe Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure no loopholes were included. Should the bill become law, users […]

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