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Brazil’s crypto tax reporting regime goes live for offshore income

The regime applies a 15% annual IRPF framework to qualifying offshore financial-application income that includes virtual assets.

Reported · Written up by our desk · Regulation

DeCripto reports that Brazil’s crypto tax reporting and offshore income framework tied to Law No. 14,754/2023 is now effective, creating a 15% annual IRPF approach for qualifying offshore financial application income that includes virtual assets.

The outlet also notes that Brazil’s Receita Federal issued Normative Instruction No. 2,291/2025 to set up a phased crypto-asset reporting declaration, aligned with the OECD CARF framework, and operative from July.

According to DeCripto, this update follows the repeal of a prior Receita Federal crypto-asset reporting regime that had required domestic exchanges and certain residents to report crypto transactions.

The piece describes the broader regulatory perimeter by outlining the current status of related U.S., U.K., Canada, Hong Kong, and Brazil measures, but focuses on Brazil’s phased declaration and the effective dates tied to the new instructions.

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