Declaring is not the same as paying tax!
Many people confuse DeCripto with paying taxes on crypto assets — but these are different things:
✅ DeCripto is just an **ancillary obligation**, used to report your transactions to the IRS
✅ Capital gains from selling crypto remain taxable, usually
✅ The exemption of up to R$ 35 thousand in monthly sales on domestic exchanges still applies
✅ You still need to declare your crypto assets in the Assets and Rights section on your Individual Income Tax return!
📍 **In short:** submitting DeCripto does NOT replace paying taxes or filing your annual return. They are different obligations, that coexist.
Still have questions about how to declare your crypto assets? Comment here 👇
#criptomoedas #Binance #ImpostoDeRenda #DeCripto #CryptoTax
Many people confuse DeCripto with paying taxes on crypto assets — but these are different things:
✅ DeCripto is just an **ancillary obligation**, used to report your transactions to the IRS
✅ Capital gains from selling crypto remain taxable, usually
✅ The exemption of up to R$ 35 thousand in monthly sales on domestic exchanges still applies
✅ You still need to declare your crypto assets in the Assets and Rights section on your Individual Income Tax return!
📍 **In short:** submitting DeCripto does NOT replace paying taxes or filing your annual return. They are different obligations, that coexist.
Still have questions about how to declare your crypto assets? Comment here 👇
#criptomoedas #Binance #ImpostoDeRenda #DeCripto #CryptoTax
