And this is Brazil, where people eat money $BTC

In Brazil, cryptocurrency tax is regulated by the Federal Revenue Service. Here are the main rules:

Exemption
1. *Exemption up to R$$ 35,000.00*: There is no tax for earnings up to R$$ 35,000.00 per year.
2. *Exemption for small earnings*: Earnings up to R$$ 5,000.00 per month are not taxed.

Income Tax
1. *Rate*: 20% on earnings above R$$ 35,000.00 per year.
2. *Declaration*: Must be declared in the Income Tax Return (DIRPF).
3. *Deadline*: Declaration until the last business day of April.

Types of Taxable Gains
1. *Sale of cryptocurrencies*: Capital gains.
2. *Staking and Mining*: Income considered as capital gains.
3. *Airdrops and Giveaways*: Considered as income.
4. *Interest on loans*: Taxed as income.

Required Documentation
1. *Income Tax Return (DIRPF)*.
2. *Proof of purchase and sale*.
3. *Transaction history*.
4. *Proof of residence*.

Deadlines and Fines
1. *Deadline for filing*: Last business day of April.
2. *Late fine*: 1% per month.
3. *Interest*: 1% per month.

Important Regulations
1. *Law No. 13,506/2017*: Regulates the taxation of cryptocurrencies.
2. *Normative Instruction RFB No. 1,888/2019*: Provides guidance on the declaration of cryptocurrencies.
3. *Ordinance RFB No. 2,439/2020*: Establishes rules for the declaration.

Resources
1. *Federal Revenue Service*: Official website.
2. *Income Tax Return*: Official guide.
3. *Consult an accountant or specialist*: For personalized guidance.

Remember to consult a professional for specific guidance on your situation.