Taxes · BRA
Taxes in Brazil
Brazil taxes individual crypto capital gains progressively from 15% to 22.5%, with a monthly exemption for total crypto sales below BRL 35,000. Mining and staking rewards are taxed as ordinary income at rates up to 27.5%. The Receita Federal requires crypto holdings above BRL 5,000 to be declared in the annual IRPF return, and monthly gains must be reported and paid via the GCAP program.
Income tax
Mining rewards and staking income are treated as ordinary income and taxed at progressive rates up to 27.5%. Must be reported monthly via GCAP and annually via IRPF declaration.
VAT / GST
Exempt. Individual purchases and sales of cryptocurrency are generally not subject to ICMS, ISS, or PIS/COFINS at the retail level for private holders.
Capital gains
Gains from crypto disposal are taxed as capital gains. Rate is progressive: 15% on gains up to BRL 5 million, 17.5% up to BRL 10 million, 20% up to BRL 30 million, 22.5% above. Monthly sales under BRL 35,000 are exempt.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap