2024-4-3 22:51 |
Brazil's government proposes a bill to reform tax rules for financial investments and crypto assets, targeting tax havens with a 22.5% rate.
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Banco do Brasil, the oldest bank in Brazil, is creating a tax payment solution for citizens holding digital assets in Bitfy.
2023-2-12 14:00 | |
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Brazil’s federal prosecution office is set to roll out a roadmap of activities that will grant the nation’s prosecutors, courts, and police officers powers to prosecute offenders and confiscate crypto.
2023-2-7 22:46 | |
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Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets.
2022-10-16 22:41 | |
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Crypto is becoming mainstream in Brazil, with 7. 8% of the country’s population (about 16 million people) owning cryptocurrency. As a result, exchanges such as Binance, Crypto. com, and Coinbase are soaring in Brazil.
2022-10-11 06:30 | |
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In what is a major development, the latest figures associated with crypto-declarations have been released by Receita Federal do Brasil (RFB), Brazil’s leading tax authority. The numbers reveal that The post Brazil: USDT, Bitcoin [BTC], and.
2022-10-11 20:00 | |
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August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.
2022-10-10 04:56 | |
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More Brazilian companies are adopting cryptocurrencies as the country registered the highest number of institutional crypto ownership in August. The post Brazil Tax Authority Sees Record Registrations With Companies Holding Crypto appeared first on BeInCrypto.
2022-10-10 17:42 | |
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Registered crypto users in Brazil are increasing at a consistently steady pace, despite the bear market rearing its ugly head. Based on latest data, the South American country has tallied more than 1 million registered crypto accounts for the month of July alone, adding to its nearly 35 million users, Brazilian tax authority Receita Federal […]
2022-10-4 10:59 | |
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The figure excludes international exchanges, which aren’t obliged to disclose the information to the local tax authority.
2022-9-8 19:08 | |
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Over 1.3 million Brazilian citizens declared crypto assets in their tax reports, a record number of them coming from women. The post Record Number of Women Declare Crypto Holdings to Brazil Tax Man appeared first on BeInCrypto.
2022-9-7 15:00 | |
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The secretary of finance and planning commented on the city’s plans to put a percentage of the treasury into bitcoin. Brazil has tax breaks for bitcoin miners.
2022-7-28 06:30 | |
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Koinly, a platform that helps to calculate crypto tax with reports from over 20 countries, including the US, UK, Brazil, and most EU countries, has announced a new integration with Terra. The post Crypto tax calculator Koinly integrates with Terra LUNA appeared first on CryptoSlate.
2022-4-27 01:00 | |
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The Brazilian city of Rio De Janeiro is making huge steps towards becoming a global hub for the cryptocurrency industry. Come 2023, residents of Rio will be permitted to settle real estate tax payments using bitcoin.
2022-3-27 19:48 | |
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Rio de Janeiro, Brazil’s second-largest city, will begin accepting cryptocurrency payments for property taxes in 2023, reports said Saturday. According to a notice from the City Hall of Rio de Janeiro, the city will contract multiple companies to handle the conversion of cryptocurrencies to Brazilian reals.
2022-3-27 10:00 | |
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Brazil's Congress is set to look at several proposals around cryptocurrencies as per local reports. As part of the proposal, the central bank of the country is suggested as the main regulator to oversThe post Brazil Congress considers proposal to exempt tax on renewable mining appeared first on AMBCrypto.
2021-12-10 18:30 | |
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Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year.
2021-5-30 17:00 | |
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Crypto exchanges based in Brazil face huge fines or being shut down
2020-2-18 09:54 | |
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Back in August this year, the Department of Federal Revenue rolled out various provisions and stipulations that require all Brazilian citizens to report transactions that involve cryptocurrency. A recent report tabled on December 6th from one of Brazil’s most popular news outlets stated that the new codes for reporting cryptocurrency was introduced to back up […]
2019-12-8 20:30 | |
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The tax authority of Brazil fines taxpayers who fail to declare their Bitcoin and crypto transactions
2019-12-7 01:40 | |
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The Chinese giant Tencent has recently been allowed by Chinese tax officials to move forward with a process to draft the new international standards for blockchain-based invoices. According to the reports from local media outlets, the project was backed by several other countries, too.
2019-10-29 21:40 | |
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Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities.
2019-8-2 17:00 | |
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Economic conditions within Brazil are quite shaky — with the nation’s unemployment rate currently laying around the 12. 5% mark. Owing to its various economic issues, many experts believe that crypto enabled technologies will be able to draw in many investors from across Brazil.
2019-7-26 19:11 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money laundering and corruption.
2018-11-4 00:30 | |
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Brazil’s tax authority has published proposals to regulate the cryptocurrency landscape over concerns digital assets are being used to launder money and evade tax. A document released by the Department of Federal Revenue of Brasil (RFB) disclosed plans that will force cryptocurrency traders to reveal their identities and for exchanges to submit financial reports to […] The post Brazil’s Tax Authority Goes After Cryptocurrency Profits appeared first on Bitcoin News.
2018-11-3 13:00 | |
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The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.
Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […]
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
The bill is awaiting presidential approval.
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria.
The crypto held in overseas accounts for about 70% of all assets held outside the country.