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Brazil Slaps 17.5% Flat Tax on Crypto Profits—Small Investors Lose Exemption
Brazil Slaps 17.5% Flat Tax on Crypto Profits—Small Investors Lose Exemption
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Brazil just dropped the hammer on crypto traders. No more free rides for the little guys.
The new 17.5% flat tax on crypto profits hits everyone—whether you''re trading from your couch or a corporate boardroom. Gone are the days when small-time investors could fly under the radar.
Welcome to ''financial inclusion,'' Brazilian-style. Because nothing says ''democratization of finance'' like taxing grandma''s Bitcoin stash the same way you''d tax a hedge fund.
Regulators claim it''s about ''fairness.'' Traders call it a cash grab. Either way, the message is clear: crypto''s wild west days are over in Brazil. Now pay up—or get off the blockchain.
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