Bitcoin has become a phenomenon in the world, by the way. To understand the magnitude of this crypto asset, just open a Google tab and search for “Bitcoin”. After that, without a doubt, numerous news about the digital currency will appear. As it became, in theory, significant in certain transactions, many questions arose around how to declare cryptocurrencies in the Income Tax.
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The reality is that it is extremely important to declare crypto assets, according to the report on the website itself, “Declare information relating to crypto assets to the Federal Revenue”. In addition, it is clear that the search for digital assets has been increasing dramatically for companies that operate with this type of investment.
Thus, as the currency is currently on the agenda, it is very likely that debates about its regulation will arise this year due to the presidential elections. In 2018, the subject was even touched upon, but there was not much relevance, taking into account the political scenario at the time.
Finally, the Bitcoin phenomenon is increasingly present in society. Doubts about the IR declaration regarding digital assets can be found on the Federal Revenue website, explaining step by step how to proceed to declare these assets. Cryptocurrencies will be a fundamental part of the future along with the paradigm shift in relation to how we deal with money that, whether we like it or not, is increasingly abstract and no longer physical as it was once.
Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.