The measure, described final week, could be submitted by Brazil’s Income Service for public session and would impose a 3.5% tax on each stablecoin purchases and remittances, treating them as international forex exchanges topic to the prevailing Tax on Monetary Transactions (IOF). Brazil Prepares For Issuing Decree Taxing Stablecoin Purchases and Remittances The Brazilian crypto […]
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Brazil to Suggest 3.5% Tax on Stablecoin Purchases and Remittances
