The Department of Federal Revenue of Brazil (RFB) has asked the cryptocurrency exchanges operating in the country to disclose all their operations on a monthly basis. The citizens and legal companies are also mandated to disclose all the transactions entered with foreign crypto exchange above $10,000 Brazilian reals per month. The draft rules also enclose penalty provision for failure.
Brazilians get draft crypto tax rulesIncryptsNov 02, 20180
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