Who Must Declare Crypto Assets?
Taxpayers who held crypto assets with an acquisition cost of R$5,000 or more per asset type as of December 31, 2024, must declare them. This applies to all categories—Bitcoin (BTC), Ethereum (ETH), stablecoins (e.g., USDT), NFTs, and other digital currencies.
👉 Key Note: The declaration uses the acquisition cost, not the market value on 12/31/2024.
Step-by-Step: Declaring Crypto Assets in 2025
Where to File:
- Use the "Assets and Rights" section in the Federal Revenue’s tax program.
- Under Group "08 – Crypto Assets", select the appropriate code:
| Code | Asset Type | Examples |
|------|--------------------------|-------------------------|
| 01 | Bitcoin (BTC) | – |
| 02 | Altcoins | ETH, XRP, LTC |
| 03 | Stablecoins | USDT, USDC |
| 10 | NFTs | – |
| 99 | Other crypto assets | – |Required Details:
- Quantity held.
- Acquisition date and cost (in BRL).
- Broker/exchange name and CNPJ (if applicable).
Capital Gains Tax Rules
Tax applies if monthly sales profits exceed R$35,000:
| Profit Range (BRL) | Tax Rate |
|---------------------------|----------|
| Up to R$5M | 15% |
| R$5M – R$10M | 17.5% |
| R$10M – R$30M | 20% |
| Above R$30M | 22.5% |
👉 Deadline: Pay via DARF (code 4600) by the last business day of the following month.
Foreign Transactions & Crypto Earnings
- Exchanges Abroad: Declare if transactions exceed R$30,000/month.
- Earnings (staking, mining, airdrops): Must be reported under "Assets and Rights", including wallet type (hot/cold) and transaction details.
Risks of Non-Declaration
- Penalties up to 150% of owed tax + interest.
- Legal consequences for inconsistent reporting.
Tip: Maintain detailed records and consult a tax professional.
FAQs
Q1: Do I need to declare crypto gifts?
A1: Yes, if their acquisition cost exceeded R$5,000.
Q2: How is crypto taxed if held long-term?
A2: Only taxed upon sale (as capital gains).
Q3: Are losses deductible?
A3: Yes, if declared properly.
👉 Learn more about crypto tax compliance
Staying compliant avoids audits and ensures peace of mind!