Brazil Ends Crypto Tax Exemptions, Will Now Charge 17.5% Capital Gains Tax

Brazil has enacted a sweeping overhaul of its crypto taxation policy. The country has ended its longstanding tax exemptions for small-scale crypto investors. Brazil will now impose a flat 17.5% capital gains tax on all profits from digital asset transactions. 

Effective from 12 June 2025, all crypto transactions – regardless of value or volume – will be subjected to a 17.5% capital gains tax.

Apparently, Brazil’s new tax policy is part of Provisional Measure 1303, a government initiative to boost revenue from financial markets.

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