Sunday, 30 May 2021

Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year. Brazilians who fail to do that on time face hefty fines. Deadline for Tax Filing in Brazil Expires Midnight May 31 Brazilian citizens are required to file their 2021 income tax returns before June 1. This year, the deadline was extended by a month…

The post Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May appeared first on Technology Manias.



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