Brazil: Bill 4173/2023 on crypto asset taxation
Progress
Scope
Timeline of events
Implemented Bill 4173/2023 on crypto asset taxation
On 1 January 2024, Bill 4173/2023, amending taxation law, including provisions introducing taxation for crypto assets held abroad, came into effect. In particular, the income from derived crypto assets over BRL 6'000 will be taxed at a rate of 15%, …
SourceSigned Bill 4173/2023 on crypto asset taxation
On 12 December 2023, the President of the Brazilian Republic signed Bill 4173/2023, amending taxation law, including provisions introducing taxation for crypto assets held abroad. When the Bill comes into effect on 1 January 2024, income from crypto…
SourceAdopted Bill 4173/2023 on crypto asset taxation
On 29 November 2023, Bill 4173/2023, amending taxation law, including provisions introducing taxation for crypto assets held abroad, was adopted by the Brazilian Senate. When the Bill comes into effect on 1 January 2024, income from crypto assets ov…
SourceIntroduced Bill 4173/2023 on crypto asset taxation
On 29 August 2023, Bill 4173/2023 was introduced in the Chamber of Deputies of Brazil. The Bill would amend taxation law by introducing taxation on investments abroad, including in crypto assets, in tiers of 0% (under BRL 6'000), 15% (under BRL 50'0…
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