Brazil is delaying plans to review crypto taxes until after the October 2026 election, as officials avoid pushing divisive reforms during the campaign period.
Brazil’s Finance Minister, Dario Durigan, is delaying crypto tax policy discussions until after the country’s October 2026 presidential election to avoid pushing for “divisive” tax changes during an election year.
Regulators and government officials originally slated a public consultation on crypto tax policy for later this year, which may be delayed until 2027, but still “remains on the radar,” sources familiar with the matter told Reuters.
Brazil ended its no tax policy on gains from smaller cryptocurrency sales or transfers in June 2025, shifting to a 17.5% flat tax on crypto capital gains, including those made from offshore and self-custodial holdings.
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