it does you a lot of good, in the end, each government protects its market (just look at what the US is doing) unfortunately, Binance does not care to come to Brazil to have this exemption

Brazilian friends, has anyone else read and felt disappointed with recent news about personal income tax (IRPF)? From what I understand, any and all profits from transactions (via spot or swap) on Binance will be taxed at 15% for income tax. In addition to financial costs, controlling the profit of each asset and recording transactions results in an absurdly exhausting job for those who make small trades.

I love Binance, but I am considering switching to a national brokerage. The national ones would have a tax exemption for profits of up to R$5000.00 per month.

Is anyone else thinking this way? Oh, what a sadness 🥲