Taxes · 🇧🇷 Brazil
Crypto and tokenized asset taxes in Brazil
Crypto gains are tax-free if total crypto sales in a month stay at or below R$35,000; above that, 15%–22.5%. The flat 17.5% of MP 1.303/2025 lapsed in Oct 2025 and never applied.
Also in: pt-BR
Crypto
Gains
Exempt if monthly sales ≤ R$35,000; otherwise 15% (gain up to R$5m), 17.5% (R$5–10m), 20% (R$10–30m), 22.5% (above R$30m)
Tax-free allowance
R$35,000 total crypto sales (disposals) per month, not R$35,000 of gain
Losses
No clear rule allowing crypto capital losses to offset later gains under the capital gains regime (GCAP); losses are generally lost.
Also
MP 1.303/2025 (flat 17.5%, end of the R$35,000 exemption, quarterly calculation) was withdrawn by the Chamber and lapsed on 8 Oct 2025, so the old rules still apply in 2026. Crypto held through foreign exchanges or custodians is a foreign financial asset under Law 14.754/2023, taxed at 15% per year without the monthly exemption.
Income and tokenized assets
Staking, lending, yield
No specific rule for staking, airdrops or DeFi yield after MP 1.303 lapsed (it would have taxed them as financial income). Rewards are not withheld automatically; advisers treat them as taxable when realised, and Receita has addressed staking in a private ruling (Solução de Consulta COSIT 184/2023).
Tokenized stocks, bonds, funds
No specific guidance for tokenized stocks, ETFs or fund units bought as crypto tokens. Brazilian-listed crypto ETFs and BDRs are ordinary securities taxed under stock-market rules (no R$35,000 crypto exemption). Whether a foreign tracker token is a crypto-asset or a foreign security is not clarified by Receita.
Filing
Tax year
Calendar year; annual return (DIRPF) due end of May; capital gains tax paid monthly by DARF by the last business day of the following month
Reporting
Declare crypto holdings in 'Bens e Direitos' group 08 of the DIRPF and gains via the GCAP program. Brazilian exchanges report to Receita monthly. From July 2026 the new DeCripto return (IN RFB 2.291/2025, CARF-based) replaces the old IN 1.888 model; foreign providers serving Brazil must also report, and individuals report themselves only when transacting without a Brazilian exchange above R$35,000 per month.
Tax authority
Watch out
- The R$35,000 limit counts total monthly sales, not profit; one large sale can make the whole month's gain taxable.
- Many 2025 articles still describe the flat 17.5% rate: that measure lapsed and does not apply.
- Coins on a foreign exchange fall under the 15% annual foreign-asset rule, not the monthly exemption.
- DeCripto reporting starts July 2026: self-custody or foreign-platform trades over R$35,000 a month must be reported by you.
Sources
- Receita Federal — IN RFB 2.291/2025 (DeCripto, CARF) · gov.br
- Contábeis — A queda da MP 1.303/2025 · contabeis.com.br
- Money Times — Derrubada da MP retoma isenção de R$35 mil · moneytimes.com.br
- TokenTax — Crypto taxes in Brazil 2026 · tokentax.co
Not confirmed
- Bracket thresholds confirmed only in secondary sources, not in the law text (Law 13.259/2016).
- Law 14.754/2023 15% annual rate on crypto held abroad taken from existing summary and secondary sources, not re-read in the law.
- Loss offset rule for crypto not confirmed in an official source.
- No new 2026 crypto tax bill found after MP 1.303; a successor proposal may be pending.
- Tax treatment of tokenized securities and tokenized gold: no Receita guidance found.
Researched 2026-11-01 for private individuals resident in Brazil. Information, not tax advice — rules change; check the tax authority before you file.