Brazil Enacts Flat 17.5% Crypto Tax From June 2025

Brazil’s government has implemented a new flat tax of 17.5% on crypto profits, effective June 2025. This change replaces the previous progressive system and eliminates exemptions for smaller gains. The policy aims to streamline crypto taxation by working closely with the Ministry of Finance and federal tax authorities. While impacting all digital asset transactions and investors in Brazil, including those holding assets abroad, this creates a clearer framework for compliance.