Alex Guimarães
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Lula ends tax exemption for cryptocurrencies up to R$ 35 thousand and will tax self-custody
Rules must be validated by the National Congress within 120 days or lose validity.
New measure comes into immediate effect (Photo: Fabio Rodrigues-Pozzebom/Agência Brasil)
President Luis Inácio Lula da Silva published on Wednesday night (11) the new Provisional Measure 1.303/2025 to specify the new tax regime for investments in Brazil, even ending the tax exemption for cryptocurrencies up to R$ 35 thousand.
"Provides for the taxation of financial applications and virtual assets in the country and gives other provisions," says the heading of the MP that comes into immediate effect and has the force of law.
New measure comes into immediate effect (Photo: Fabio Rodrigues-Pozzebom/Agência Brasil)
President Luis Inácio Lula da Silva published on Wednesday night (11) the new Provisional Measure 1.303/2025 to specify the new tax regime for investments in Brazil, even ending the tax exemption for cryptocurrencies up to R$ 35 thousand.
"Provides for the taxation of financial applications and virtual assets in the country and gives other provisions," says the heading of the MP that comes into immediate effect and has the force of law.
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