Considering USDT as flat currency is a crime by the state. It should be compared to the exchange of BTC for Ethereum as a non-profit asset exchange since profit can only be realized in reais.
linda gift
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🚨 Attention, holders and traders! Do you think that just because you exchanged BTC for USDT you're free from the Tax Authority? 🦁 I'm sorry to inform you, but the Federal Revenue is more vigilant than ever — and yes, this exchange counts as the disposal of an asset.
💥 If you sold more than R$ 35 thousand in a single month, and made a profit, you may indeed need to pay taxes. Even if you only converted to a stablecoin, the tax authorities consider it a sale.
👉 Exchanging crypto for crypto doesn't make you invisible.
🔐 While you think you’re playing in stealth mode, the Tax Authority is already tracking the steps of the blockchain...
💬 So, did you already know this or did you still think you were invisible with USDT?
#CriptoBrasil #BTC #USDT
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