Brazil Considers Taxing Crypto Transactions to Offset Financial Transaction Tax Increase
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最新报道：According to the news from Bijie.com, Brazil is considering imposing a tax on cryptocurrency transactions to mitigate the impact of the increase in the financial transaction tax (IOF) on the wider population. Hugo Motta, speaker of the Brazilian House of Representatives, raised the idea before a meeting with Finance Minister Fernando Haddad and Senate President Davi Alcolumbre. Motta expressed opposition to the tax increase, saying that the Brazilian people could not afford another tax increase, but supported the idea of extending this tax to cryptocurrency transactions. Legal experts pointed out that only laws approved by Congress can change the definition of taxable events and include new asset classes in the scope of taxation.
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