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Bitcoin.com 2024-02-06 07:00:30

Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements

The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements, opening the doors for receiving fines or being charged for crimes against the tax

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