if you don't declare they won't find out, but if you declare they will be on your case forever
MEsperanca
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BE CAREFUL WITH THE LION !!
If you invest in cryptocurrencies, it is important to know that you need to declare them on your Income Tax. Even if you haven't sold anything, if at the end of the year you had more than R$ 5 thousand in crypto, you are required to report it. Just go to the “Assets and Rights” section and choose the code that corresponds to the currency — for example, Bitcoin is 01.
Now, if you sold more than R$ 35 thousand in a single month and made a profit, then you may have to pay taxes, with a rate that varies between 15% and 22.5%. In these cases, the payment is made with DARF in the month following the sale. The good news is that you only pay taxes if you made a profit.$BTC $ETH
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