The post Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances appeared on BitcoinEthereumNews.com. The measure, described last week, would be submittedThe post Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances appeared on BitcoinEthereumNews.com. The measure, described last week, would be submitted

Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances

The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchanges subject to the existing Tax on Financial Transactions (IOF). Brazil Prepares For Issuing Decree Taxing Stablecoin Purchases and Remittances The Brazilian crypto […]

Source: https://news.bitcoin.com/brazil-to-propose-3-5-tax-on-stablecoin-purchases-and-remittances/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.