New Brazil Crypto Tax 2025
On June 12, 2025, Brazil introduced a removal of the new cryptocurrency tax law under the temporary 1303 proposal.
It replaced the old progressive tax model with a flat 17.5% crypto tax on all capital revenues – no matter how many were obtained or where the owners were held. The policy ends with long exemption allowing individuals to sell up to 35,000 Brazilian Reais (~ $ 6,300) on Crypto Per month without tax.
The new Brazil Crypto Tax 2025 applies to the entire board – if your genitals are held locally or offshore to replace, at Self-custody wallets or even throughout the decentralized finances (DEFI), unimaginable tokens (NFT) or Staking platforms.
All activities in the digital assets are now falling within the range. Tax calculations are made quarterly, and losses can be carried up to five previous dwellings – a window short to 2026.
Do you know? The general tax burden in Brazil reached 32.32% of GDP in 2024, the highest in 15 years, creating a strong fiscal motivation behind the comprehensive tax reform in Brazil 2025, including the new crypto tax policy.
Previous crypto tax policies in Brazil
To date, the Crypto capital capitals in Brazil have been taxed under a tiered regime.
Small trading is satisfied with a generous exemption, and the larger income is gradually being taxed:
- Traders up to 35,000 Reais/Months have been -exempt from Crypto tax – Correct -right for small investors and casual traders.
- When that threshold crossed, the following brackets were applied:
- 15% tax on those acquired up to 5 million reais
- Up to 22.5% for those who earn more than 30 million Reais (~ $ 5.4 million).
This means that hobbyists usually do not pay, medium-scale businessmen pay moderately, and only the biggest investors face top-tier taxation.
Impact of Crypto Tax Small Investor – Crypto Tax Exemption Scrapping
The most outstanding consequence of new crypto tax policies in Brazil is felt by the sunset users. Casual merchants previously remained below the 35,000-real monthly cover is now taxed at 17.5%. For example, a moderate 30,000-real profit-bad-non-tax-now covers a 5,250-real liability.
This flat-rate model hits small investors and gig-economic entrepreneurs. Ease and simplicity of exemption is lost, replaced with full responsibilityEven for low -frequency users.
Impact on moderate and large investors: New Crypto Brazil tax policy
Under the earlier regime, the medium-scale investor pays a managed 15% to those obtained under 5 million Reais. They are now facing a 17.5% tax.
However, for high -net traders, the new system can actually reduce the tax burden. Previously, those who earned more than 30 million Reais were taxed by 22.5%. Today, trapped by 17.5%, leading to significant savings in large positions. For some, this reform is a windfall.
Do you know? During the first nine months of 2024, Brazil’s net crypto import rose to a more than 60% year-year-old, more than a year’s 2023 volume, showing rapid growing demand and capital flow to the Crypto ecosystem.
The 2025 tax reform in Brazil
Brazil’s cryptocurrency tax laws form part of a broader tax reform in Brazil 2025 that expands the tax base to both traditional and digital possessions.
Offshore and self-customied crypto
17.5% flat tax now also applies to digital assets held outside of Brazil’s centralized exchange -It on offshore accounts or self-custody wallets. It closes a basic loophole that once allows abstinence through foreign platforms or cold storage.
Defi, nfts and crypto staking
Clearly with the law new sectors such Defi lendingStaking rewards and NFT trades. Back from the harvesting of the harvest Or NFT sales are now taxed like any other crypto benefit. These former areas are fully controlled.
Traditional Finance: Fixed Revenue and Betting
Temporary Proposal 1303 Also introduced:
- A new 5% tax on fixed income revenues such as LCIS, LCAS, Cris, Cras and other former bonds that have been incentivized taxes.
- Higher rates for the betting industry: Online Brazil betting taxes have jumped from 12% to 18% on gross gaming revenue starting October 2025.
How Brazil compares other countries to crypto taxes
Brazil’s flat 17.5% crypto tax under the MP 1303 puts it in the middle of the global spectrum – more difficult than tax havens but much more difficult than countries with penalties.
International Crypto Tax Landscape
In India, the Crypto Capital acquisitions face a steep 30% flat tax, in conjunction with a 1% tax reduced resource (TDS) and no choice to reduce losses, doing so One of the worst regimes In the world.
Japan’s crypto tax system is equally aggressive: revenues are classified as different revenues, including Rates that climb up to 55% Depending on the overall income of the investor.
At the other end of the spectrum, countries such as the United Arab Emirates, Switzerland and El Salvador are offering 0% Capital Gains Tax in personal crypto handling. These zero-tax covers are magnets for high-volume traders and crypto startups, but Brazil has chosen for a middle-path-taxing but no one is suffering from the market.
In this light, Brazil’s cryptocurrency tax law looks more balanced. It gains income while remains competitive around the world, especially compared to international crypto taxes.
Do you know? A well-known Parliament member of Brazil has suggested that the release of long-term Bitcoin holders from Crypto Capital income tax, recognizing BTC as a strategic value store, which signed an early legislative resistance to MP 1303.
Why the new Crypto tax policy, Brazil?
The introduction of MP 1303 is a strong move to Brazil’s fiscal approach.
In the past, the government was experimenting with raising the IOF taxa financial financial operation short to rise in credit transactions and FX. Hikes spark a backlash from markets and regulators, which motivates a backwardness.
Instead of proceeding with tax increases, Brazil is now selected for structural change. Transfer to digital tax property, fixed investments and online estimates revenue reflects a broader Brazil tax reform in 2025, aimed at expanding the tax base with more permanent and implemented policies.
What’s next for crypto taxation in Brazil?
From the lighter implementation to the payroll change, here’s what investors, companies and regulators should expect from Brazil.
1. More strictly reporting and tracking onchain
Receita Federal is preparing for Expand Its administration, especially on ashore accounts and self-customied wallets. Expect improved data matching between onchain expressions and activities, especially as Brazil begins to cooperate closer to international tax bodies.
2. The carrier’s loss window was narrowed in 2026
Currently, investors can reduce losses in five previous dwellings – a provision designed to smooth volatility. But, starting in 2026, this crypto tax loss period is retreating, pressing small investors to reap losses by 2025 for maximum benefits.
3. Crypto Payroll: Salaries in digital possessions
The review law may allow Brazil companies to pay up to 50% of the employee’s salaries in crypto. Foreign contractors and freelancers can receive 100% of the compensation of digital ownership, payments have been raised by the approved exchange for returning to official rates. It opens the door for crypto to move from an investment vehicle to a wage standard, at least some.
4. Fintechs embrace Bitcoin as Treasury Reserve
Even in new taxes, Adopting Crypto At the corporate level continues. Brazilian Fintech Méliz, for example, raised 180 million Reais (~ $ 32 million) in mid -2025 and became one of the largest public holders of Latin America of Bitcoin (Btc), now holding about 600 BTC. It reflects global trends where private companies use Bitcoin as a strategic fence despite increasing crypto tax burdens.
