🇧🇷 BREAKING: Brazil Ends Crypto Tax Exemption! 🚨
Big news for crypto traders in Brazil — the government just imposed a flat 17.5% tax on all digital asset gains, including self-custodied and offshore holdings! 💰
🔍 What changed?
✅ Replaces the old progressive tax system
✅ Expands the tax base to cover more investors
✅ Could lower taxes for big players but raise costs for small traders
💡 This move aims to streamline crypto taxation but also means every crypto profit in Brazil is now taxed at a fixed rate — no more exceptions!
📈 For investors, this means smarter tax planning is more important than ever.
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