Cómo declarar criptomonedas en Brasil
Brazil combines two obligations: monthly reporting of transactions to the Receita Federal and capital gains tax, with a very practical exemption for those who sell less than 35,000 reals per month on national platforms.
Quick Tax Summary
- Tax type
- Capital gains
- Tipo aplicable
- 15% – 22.5% progressive; 17.5% for foreign assets
- Tax-exempt minimum
- Sales up to 35,000 BRL per month are exempt in the national market
- Crypto-to-crypto
- Yes, the swap generates profit
- Staking y recompensas
- Taxable income
- Losses
- Limited compensation according to the applicable regime
- Filing deadline
- May of the following year for the annual declaration
- Formularios
- DIRPF, GCAP and the monthly obligation IN 1.888 (e-Financeira/Coleta form)
- Sanciones
- Fines from 100 BRL and 1.5% of the value of the unreported transaction
- Autoridad fiscal
- Receita Federal
The 35,000 BRL monthly exemption
If the total of your crypto asset sales in the month does not exceed 35,000 BRL, the profit is exempt. The limit applies to the set of transactions and per month, not per transaction.
Above this amount, profit is taxed according to the progressive capital gains scale: 15% up to 5 million reals and up to 22.5% in higher brackets.
Assets on foreign exchanges
Income from foreign financial assets, including cryptocurrencies held on foreign platforms, is taxed at a specific rate of 17.5% in the annual declaration, without the monthly exemption.
Furthermore, normative instruction 1.888 requires reporting transactions carried out on foreign exchanges or between individuals when they exceed 30,000 BRL monthly.
Before filing: have your history in order
The first step to a proper tax declaration is to download the complete transaction history from each platform you use. MiCA-licensed exchanges often provide ready-to-use annual reports, which significantly simplifies the filing process.
See exchanges with MiCA licenseFrequently Asked Questions
Other countries in the same region · Latin America
This guide provides general information and does not constitute tax advice. Rules change frequently: always confirm details with your country's tax authority or a tax advisor.