The Brazilian Federal Senate has approved a bill that will also impose a tax on cryptocurrencies.
Brazil is preparing to impose taxes on cryptocurrencies. by the senate 29 November According to the draft law approved on , Brazilians are entitled to income from cryptocurrencies held on exchanges outside the country. up to 15% tax will have to pay.
According to the law, cryptocurrency exchanges outside Brazil more than $1,200 Winning investors will be subject to this tax.
The law passed by the Senate if the President Luiz Inácio Lula da Silva If approved by the rules January 1, 2024 It is expected to be valid from the date. 31st of December Among the users who withdraw their profits before 2023 8% tax will be charged.
The bill would also cover foreign companies operating in the Brazilian financial market. Government 2024 from this tax in $4 billion revenue hopes to achieve.
A committee affiliated with the Brazilian congress announced last October that Binance Brazil 3 senior managersi and CEO Changpeng Zhao (CZ) to be accused and to the authorities indictment to prepare he demanded.