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Tax & Regulatory Radar

Brazil × Abroad

Where a crypto asset is deemed located changes how it is taxed. The criteria below are those of current law, according to the Federal Revenue.

Official texts (bill summaries, rule summaries and statuses) are shown in the original Portuguese.

Verified at the primary source

Located in Brazil

  • 01Held in custody or traded by an institution located in Brazil.
  • 02Self-custody by a taxpayer resident in Brazil, without an intermediary.
  • 03Disposal: exempt when the total disposed of in the month does not exceed R$ 35,000.00.
  • 04Above that: capital gain at progressive rates, paid by the last business day of the following month.

Located abroad

  • 01Held in custody or traded by an institution located abroad, regardless of the issuer.
  • 02No legal provision for an exemption.
  • 03Income and gains (including exchange-rate variation) added up over the year and taxed at 15% in the annual income tax return.
  • 04Documented losses may offset income from investments abroad in the same period and in later periods.
  • Primary sourceReceita Federal: Perguntas e Respostas IRPF 2026 (versão 1.00, 23/04/2026)· Last checked: 31/10/2026See original data ↗
  • Primary sourceMinistério da Fazenda / Receita Federal: Perguntas e Respostas: tributação de renda no exterior (Lei 14.754/2023 e IN RFB 2.180/2024), perguntas 18 e 19· Last checked: 31/10/2026See original data ↗

Educational examples

Educational tool. It does not replace individual accounting, legal or tax advice.

  • Located abroad

    Bitcoin on an exchange headquartered abroad

    Located abroad: held in custody by an institution located abroad.

  • Located in Brazil

    Bitcoin in the own wallet (hardware wallet) of a resident of Brazil

    Located in Brazil: self-custody without an intermediary, residence in Brazil.

  • Located in Brazil

    Stablecoin on a Brazilian exchange

    Located in Brazil: held in custody by an institution located in Brazil.

  • ⚠️ Interpretation under debate

    NFT of a work of art on a foreign platform

    According to the Q&A on Law 14,754, it would not be a financial investment abroad. The remaining treatment is not expressly clarified.