Summary of Cryptocurrency Declaration in Income Tax 2025 🚀

What are cryptocurrencies according to the Federal Revenue? 🔍

The Federal Revenue understands cryptocurrencies as digital values expressed in their own units. Traded electronically. They use cryptography and distributed technology. They seem to function as an investment or transfer of values. They are not official currency, of course. They also serve to access digital services.

Tax obligations for investors in 2025 💼

Got crypto? Check this out:

• Monthly sales below R$ 35 thousand: Does not pay income tax. Report in the "Exempt Income" section. It's that simple. 📝

• Sold more than R$ 35 thousand with profit? Tax return required in the "Capital Gains" section. There's no way around it. 💰

• Moved more than R$ 30 thousand in international exchanges? Notify the Receita. They want to know. 🌎

• Do you have more than R$ 5 thousand in crypto? Declare it in your annual tax return. It's a bit annoying, but necessary. 📊

When is the tax due? 💵

Tax only when there is profit above R$ 35 thousand monthly. Attention! You only pay when you sell. Crypto went up but you didn't sell? You don't pay anything. Kind of surprising, right? 🔄

Income Tax Rates for Crypto in 2025 📈

The rates are progressive on Brazilian exchanges:

• Up to R$ 5 million: 15%
• Between R$ 5 and 10 million: 17.5%
• Between R$ 10 and 30 million: 20%
• More than R$ 30 million: 22.5%

Sounds reasonable, right?

How to make the tax payment? 💸

Pay by the last business day of the following month. Sold in August? Pay in September.

Use the DARF. Generate it on Sicalcweb. Code 4600. It's not difficult. 📝

Rules for international exchanges 🌐

Foreign exchanges are different. There is no exemption for the R$ 35 thousand! Any profit, no matter how small, pays 15%. It's somewhat unfair, but that's how it is. 🔥

Declaration of transactions above R$ 30 thousand 📊

Do you use foreign exchanges? Moved more than R$ 30 thousand in the month? Declare monthly in e-CAC. Go to "Collection and Supervision" and then "Accessory Obligations". Not entirely clear why this rule exists.

Where to declare cryptocurrencies in the IR? 🗂️

Declare in "Group 08 – Cryptoassets", form "Assets and Rights".

Report the total acquisition cost. Not the current value! Bought R$ 3 thousand in March, R$ 4 thousand in July, and R$ 2 thousand in December? Declare R$ 9 thousand. Simple. 🧮

Penalties for not declaring 🚨

The IRS charges fines for omissions or errors. Serious cases may go to the Public Prosecutor's Office. It seems they are keeping an eye on possible money laundering. Better not to take risks. 🌕