How is cryptocurrency taxed in Brazil?

In Brazil, cryptocurrency gains are taxed as capital gains.

“Os ganhos obtidos com a alienacao de criptoativos, cujo total alienado no mes seja superior a R$ 35.000,00, sao tributados, a titulo de ganho de capital.”

This reflects guidance from Receita Federal (IN RFB 1888/2019), as of 2023.

See the full Brazil crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare Brazil with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: Receita Federal (IN RFB 1888/2019), as of 2023