BeInCrypto Brasil
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Transactions over R$5,000 via Pix and credit card are already being monitored by the Federal Revenue Service...
The new Federal Revenue rule that monitors transactions above R$5,000 for individuals via Pix and credit card on cryptocurrency exchanges is now in effect. For legal entities, transactions above R$15,000 will need to be reported.
The new measure came into effect on January 1, 2025 and is provided for in the IRS's Normative Instruction 2,219 of 2024. This means that credit card operators and payment institutions will send financial information to the tax authorities every six months.
The new measure came into effect on January 1, 2025 and is provided for in the IRS's Normative Instruction 2,219 of 2024. This means that credit card operators and payment institutions will send financial information to the tax authorities every six months.
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