When to Declare Bitcoin $BTC and Other Cryptocurrencies on Income Tax
With the expansion of the cryptocurrency market, attention to tax regulations becomes increasingly essential. Since 2019, the Federal Revenue Service has established the obligation to declare these investments, according to the guidelines of Normative Instruction 1.888, which is periodically updated to reflect the transformations in the sector.
For Brazil's Income Tax in 2025, it is necessary to declare any cryptocurrency whose acquisition value is equal to or greater than R$ 5,000. This amount must be calculated individually for each type of asset.