The Joint Commission of the National Congress of Brazil approved an amendment that proposes increasing taxes charged to Brazilians who have investments abroad, including those related to cryptocurrencies.
The amendment was included in a provisional measure presented by the Executive last May, which was evaluated and approved by the Commission this August, based on a report presented by deputy Merlong Solano (PT-PI).
Although the text sent by the government focuses on the adjustment of the minimum wage for 2023, in the end amendments were added related to the taxation of cryptocurrency investments abroad.
In this way, it is proposed that investments in Bitcoin (BTC) and other cryptocurrencies made outside of Brazil be subject to the same tax rules that govern traditional assets.
