Brazil’s new 17.5% flat crypto tax replaces previous exemptions and now applies to all digital asset gains.
On June 12, 2025, Brazil introduced a sweeping new cryptocurrency tax law under Provisional Measure 1303.
It replaces the old progressive tax model with a flat 17.5% crypto tax on all capital gains — no matter how much is earned or where the assets are held. The policy ends the long-standing exemption that allowed individuals to sell up to 35,000 Brazilian reais (~$6,300) in crypto each month tax-free.
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