Brazil Crypto Tax Calculator
Estimate capital gains tax on cryptocurrency profits in Brazil.
Capital Gain/Loss
R$15K
Tax Rate
22.5%
short-term
Tax Owed
R$3K
Net Profit
R$12K
Tax Treatment in Brazil
Brazil has enacted specific crypto legislation (Law 14,478/2022 and Normative Instruction 1,888/2019). Capital gains from selling cryptocurrency are taxed at progressive rates (15% to 22.5%) when monthly sales exceed BRL 35,000. Below this threshold, gains are exempt. Crypto exchanges operating in Brazil must report all transactions to the Receita Federal. Individuals must also report crypto holdings exceeding BRL 5,000 (per type of crypto asset) in their annual tax return. Income from crypto mining, staking, and airdrops is treated as ordinary income. Brazil uses the FIFO (first-in, first-out) method for cost basis calculations.
This calculator provides estimates for Brazil. Actual crypto tax may vary depending on your specific circumstances, additional income, and applicable exemptions. Consult a tax professional.