Cryptocurrencies

how should Taxation be Addressed according to Brazilian Legislation

Abstract

This article aims to tackle issues related to taxation of cryptocurrencies, with specific focus in three situations: mining, barting cryptocurrencies for goods or services and barting a certain type of cryptocurrency against another. The normative reference is the orientation of the internal revenue service of Brazil regarding the necessary income tax taxation on capital gain. Furthermore, the specific focus will be cryptocurrencies and not tokens or other kind of assets. My aim is to identify the challenges that must still be faced in order to ensure greater predictability and legal certainty to the market of cryptocurrencies.