If teaching the Bolsa Família beneficiaries to buy and sell bitcoins, they would never have fanaticism for the alcoholic Lula when they see 27% of income tax waking up
Mirai-e
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Brazilian friends, has anyone else read and felt disappointed with recent news about personal income tax (IRPF)? From what I understand, any and all profits from transactions (via spot or swap) on Binance will be taxed at 15% for income tax. In addition to financial costs, controlling the profit of each asset and recording transactions results in an absurdly exhausting job for those who make small trades.
I love Binance, but I am considering switching to a national brokerage. The national ones would have a tax exemption for profits of up to R$5000.00 per month.
Is anyone else thinking this way? Oh, what a sadness 🥲
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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