Brazil has promulgated a radical overhaul of its cryptographic tax policy. The country has ended its long -standing tax exemptions for small -scale cryptographic investors. Brazil will now impose a stable tax on capital gains of 17.5% on all profits from digital asset transactions.
As of June 12, 2025, all cryptographic transactions – whatever their value or volume – will be subject to a tax on capital gains of 17.5%.
Apparently, Brazil’s new tax policy is part of the temporary measure 1303, a government initiative to stimulate income from financial markets.
Brazil hits crypto retail crypto investors: tax exemptions removed, 17.5% tax introduced
Brazil has eliminated tax exemptions for small cryptographic investors, introducing a stable tax of 17.5% on all capital gains. The measurement is part of the government plan to increase the income from … pic.twitter.com/guj4k1k40w
– Atlas21 (@ atlas21_news) June 16, 2025
Brazil hits crypto retail crypto investors: tax exemptions removed, 17.5% tax introducedAccording to local media reports, “the Brazilian government will eliminate the exemption from profits that are up to 35,000 R $ with cryptocurrencies and will fix the tax at 17.5%, to be paid in income tax. The new rule is to a new temporary extent in which the government establishes increases in financial investment tax to increase income. ”
DISCOVER: 9 Best Cryptographic Préventes to invest in June 2025 – Top Token Presales
Brazil ends the monthly exemption
The previous exemption which allowed Brazilians to sell up to 35,000 reais (approximately $ 6,300) per month in tax franchise was abandoned.
However, now each crypto gain is taxable. “”The rate of 17.5% will be general and will affect almost all financial investments. Fixed income securities, which were previously exempt from income tax, will now have a rate of 5% on profits, “said local media.
In particular, the tax measures were taken after the government attempted to increase the collection of the tax on financial transactions (IOF).
Despite the drop in media buzz, the adoption of cryptocurrencies continues to grow in many countries. India, Brazil and South Africa show the most promising growth rates. #infographic by @StatistaCharts via @antgrasso #Crypto #Cryptocrences #Blockchain # Web3 pic.twitter.com/3eukg2rue0
– Antonio Grasso (@AntGrasso) June 13, 2025
Interestingly, the country also advances several other legislative efforts linked to the crypto. Such a bill, presented in March of this year, would allow employees to receive part of their wages in crypto.
DISCOVER: 20+ Next Crypto to explode in 2025
Main to remember
-
The previous exemption which allowed Brazilians to sell up to 35,000 reais (approximately $ 6,300) per month in tax franchise was abandoned. Now each crypto gain is taxable.
-
The new tax applies to assets held in auto-castody portfolios and digital assets stored abroad, the closing of gaps and the widening of the tax base.
The post of Brazil puts an end to the exemptions from the cryptographic tax, will now charge 17.5% tax on capital gains that appeared first on 99Bitcoins.
