Crypto tax in Brazil
Rules verified in September 2026.
Short term
15–22.5%
Long term
15–22.5%
Threshold
Exempt if the month's sales ≤ R$35,000
Annual allowance
Not applicable
Cost method
Weighted average cost (FIFO not accepted)
Legislation
Lei 8.981/1995 art. 21; Lei 9.250/1995 art. 22; IN RFB 2.291/2025; Lei 14.754/2023
In short
In Brazil, crypto capital gains are taxed from 15% to 22.5% depending on the amount, with an exemption if the month's total sales are ≤ R$35,000 (once exceeded, the whole month is taxed). Crypto on foreign exchanges follows Law 14.754/2023: flat 15%, annual assessment and no R$35,000 exemption. Cost is computed as the weighted average, not FIFO.
Key points
- Exempt if the month's sales are ≤ R$35,000
- 15% on gains up to R$5 million
- 17.5% between R$5M and R$10M
- 20% between R$10M and R$30M
- 22.5% above R$30M
- Foreign exchanges: flat 15%, annual assessment, no exemption (Law 14.754/2023)
- Weighted average cost mandatory (FIFO not accepted)
- Crypto-to-crypto swaps are taxable disposals; DARF due by the last business day of the following month
- File in the DIRPF via GCAP; DeCripto (IN RFB 2.291/2025): since July 2026, a mandatory monthly return for anyone using foreign exchanges or no intermediary above R$35,000/month
Frequently asked questions
How much tax do you pay on crypto in Brazil?
15–22.5%. In Brazil, crypto capital gains are taxed from 15% to 22.5% depending on the amount, with an exemption if the month's total sales are ≤ R$35,000 (once exceeded, the whole month is taxed). Crypto on foreign exchanges follows Law 14.754/2023: flat 15%, annual assessment and no R$35,000 exemption. Cost is computed as the weighted average, not FIFO.
Is there an annual allowance on crypto gains in Brazil?
There is no annual allowance, but there is a monthly one: if the month's total sales do not exceed R$35,000, that month's gain is exempt. On foreign exchanges there is no exemption (Law 14.754/2023).
Which method is used to match buys and sells?
It depends on the country: FIFO (the first unit bought is the first sold) in Portugal, Spain, Germany or Belgium; weighted average cost in France, Luxembourg or Brazil; LIFO in Italy; the Section 104 pool in the UK. ChainFolioAI applies the chosen country's method to your history (in some countries with a simplification, stated on this page) and exports the result.
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under the country's method (FIFO, average cost, LIFO…), convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing. ChainFolioAI is not an exchange or a crypto-asset service provider and does not report your data to any tax authority: reporting duties (DAC8, CARF) fall on exchanges. The reports you export are yours alone.