The Federal Tax Service of Brazil (RFB), in Brasília (DF), hired a course for two of its servers to get better trained in cryptocurrencies. The amount paid for the training is R$ 7,500.00, in the EAD modality.
The information was shared in the Official Gazette this Wednesday (15), which happens to be the day when income tax returns in Brazil begin.
As a result, it is not clear whether the training has anything to do with IRPF 2023, but everything indicates that the recipe continues to strengthen employees’ understanding.
Who Provides Brazil Federal Revenue Cryptocurrency Course?
Responsible for presenting the content, the Paulista Association of Tax Studies (APET) was chosen to train the RFB on this topic.
The contracted object concerns “Training Crypto-Actives and Tax Planning for employees of the Largest Inspectorate for Taxpayers, in the EAD modality”.
Considered a specialized service, the RFB published the waiver of bidding for hiring the company from São Paulo. Paulo Faria Marques, head of the Department of Programming and Logistics of the Superintendence of the Federal Revenue of Brazil of the 1st Tax Region, signed the contract.
Earnings are preparing to collect automatic information from brokers
Since 2019, when the Federal Tax Service started requiring Brazilians to file income tax returns for cryptocurrency trading, a lot has changed.
Among the new developments, the revenue department began releasing monthly transaction reports, demonstrating its close monitoring of the market.
In addition, in the 2022 edition of the Individual Income Tax, investors have started to declare bitcoin, NFTs, among others, using specific codes for this.
Still, the news does not stop and in the year 2023, as proposed by Livecoins, the RFB will automatically record information from brokers. It allows Brazilian cryptocurrency investors, in the form of a pre-filled statement, to already observe their declared balances.
Understand how declarations work
In Brazil, the Federal Tax Administration is the body that requires all Brazilians to accurately report their financial information. If this does not happen, the citizen may have problems with the tax authorities in the future, such as fines, interest and other fines.
If the return is not correct and complete, the taxpayer still runs the risk of falling into the granularity when there are errors in the returns.
In the 2023 edition, statements will begin to be received by the Federal Revenue Service this Wednesday (15) through May 31.
In a note, the national regulator of the Income Tax program, José Carlos da Fonseca, points out that the responsibility for the return lies with the taxpayer, so he should carefully review the information retrieved by the pre-filled receipts of income received.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
