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CoinGape 2023-12-15 16:22:47

Brazil Passes Law to Tax Overseas Crypto Holdings in 2024

In a significant move, Brazil’s President Luis Inácio Lula da Silva has sanctioned a pioneering law that imposes taxes on cryptocurrency and other investments held overseas by Brazilian nationals. This legislation, effective on January 1, 2024, marks a substantial shift in the country’s approach to the burgeoning digital currency market. Brazil Sets 15% Tax on The post Brazil Passes Law to Tax Overseas Crypto Holdings in 2024 appeared first on CoinGape .

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