Brazil Crypto Tax Bill Proposes 30% Levy on Undeclared Crypto Assets

Brazil is taking a big step toward bringing cryptocurrencies under its tax net, but not without controversy. Lawmakers have proposed a new bill that would let citizens declare previously hidden crypto assets like Bitcoin by paying a hefty 30% regularization tax. The move, while aimed at cleaning up the system, has triggered political and public … source: https://coinpedia.org/news/brazil-crypto-tax-bill-proposes-30-levy-on-undeclared-crypto-assets/