President Luis Inácio Dula Da Silva published in the night of Wednesday (11) The New Provisional measure 1,303/2025 To specify the new investment tax regime in Brazil, even terminating the tax exemption for cryptocurrencies up to R $ 35 thousand.
‘Provides for the tax on financial investments and virtual assets in the country and makes other schemes‘Says the caput of MP that immediately enters into force And it has the power of the law.
Published in an extra part of the federal official Gazette, the measure has a joint signature with Minister of Finance Fernando Haddad. The new text therefore arises in response to recent controversies with the increase in IOF in Brazil, which dissatisfied the National Congress.
New tax on Lula terminates the exemption of up to R $ 35 thousand and now charges 17.5% of the profit, and must be paid every quarterly
The new MP makes it clear that it draws up a new taxing for all virtual assets mentioned by law 14,478/2022, including cryptocurrency and cryptors.
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It then makes it clear that individual investors and legal entities now have to pay the tax of 17.5% on their net profit, already charged reimbursements charged by platforms.
‘Art. 31. In the case of Individuals who live in the country And the exempt or optimal legal entities by Simples Nacional, income, including liquid profits, which is referred to in art. 30 are subject to the income tax incidence at the rate of 17.5% (seventeen entire numbers and five tenths percent)“Says a fragment from the MP consulted by the report.
Cryptocurrency expert, accountant Ana Paula Rabello from Declaing Bitcoin has made it clear that there will be changes to the current tax regime with the cryptomarket. Some measures only start in 2026, according to her.
For private individuals, the tax on cryptocurrencies followed the rules of capital gain of goods and rights, with progressive rates ranging from 15% (for profit to R $ 5 million) to 22.5%. Exemption for monthly turnover under $ 35,000 was also an important point, with MP immediately indicating the change.
Brazilian Bitcoin investors will also be able to deduct from the tax losses in their market activities.
The new rules apply, even when virtual assets are under the taxpayer’s own custody without intermediaries.
National Congress should analyze new MP within 120 days
A provisional measure often indicates an urgent change that has been detected by the president of Brazil. However, to become effective, it must become a law, by the analysis of the National Congress.
The first step is now the possible creation of a mixed committee of federal senators and delegates to analyze the admissibility of the text. If approved, it goes to the federal approval of the Senate and after the House of Representatives.
The deadline is 60 days and can be extended for 60 days. But if the proposal is not analyzed within 45 days to stop the entire National Congress Agenda, a factor that strengthens the government’s urgency to approve the new rules for investments in Brazil and abroad.
The text is available for public consultation in the federal official Gazette in an extra session this Wednesday.
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.
