Digital Policy Alert logo

Brazil: Signed Bill 4173/2023 on crypto asset taxation

Policy overview

Description

Signed 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…

Scope

Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

Hide details
2023-08-29
under deliberation

On 29 August 2023, Bill 4173/2023 was introduced in the Chamber of Deputies of Brazil. The Bill wou…

2023-11-29
adopted

On 29 November 2023, Bill 4173/2023, amending taxation law, including provisions introducing taxati…

2023-12-12
adopted

On 12 December 2023, the President of the Brazilian Republic signed Bill 4173/2023, amending taxati…

2024-01-01
in force

On 1 January 2024, Bill 4173/2023, amending taxation law, including provisions introducing taxation…