Source: PortaldoBitcoin Original Title: Cryptocurrencies enter Receita program for unreported asset regularization Original Link:

Brazil launches cryptocurrency compliance program

Brazilian tax authority (Receita Federal) has issued a new “National Tax Regulation Directive RFB nº 2.301/2025,” explicitly stating that Bitcoin, tokens, NFTs, and other virtual assets can be included in the special asset update and compliance system(Rearp) for legalization.

Asset Classification and Scope

The new regulation classifies crypto assets as intangible assets, alongside software, trademarks, and patents. The system applies in the following cases:

• Assets with legal origin
• Assets owned by individuals or legal entities residing or registered in Brazil before December 31, 2024
• Including assets still held or sold but not properly declared
• Regardless of whether assets are stored on domestic or foreign exchanges, personal wallets, or complex structures(such as trusts)

This program allows taxpayers to retroactively report the following:

• Crypto assets not included in income tax declarations
• Crypto assets with incorrect declared values
• Crypto assets with missing or incomplete key information

Tax and Penalty Rules

Tax Rates and Costs

• Income tax rate: 15% (calculated on the total declared asset value, in Brazilian Reais)
• Compliance penalty: equivalent to 100% of the income tax
• Payment methods: lump sum or installment over 36 months, with a minimum of 1,000 Brazilian Reais per installment
• Deadline: full payment or first installment due by February 27, 2026

Exemption Clauses

Although penalties are high, the program offers significant benefits:

• Declaring assets is considered acknowledgment of debt
• Exemption from fines, interest, and other tax increases related to assets before the end of 2024
• No mandatory repatriation of funds to Brazil

Compliance Procedure

Overview of Rearp System

Rearp is a voluntary compliance system established by Law No. 15.265/2025, designed to legalize assets undeclared or incompletely declared before December 31, 2024, whether located in Brazil or abroad.

Declaration Steps

1. Submit the “Special Asset Compliance Declaration” via the tax authority’s electronic system(e-CAC)
2. Declaration opening date: January 19, 2026
3. Declaration deadline: February 19, 2026

Crypto Asset Declaration Requirements

For crypto assets, the Derp declaration must include:

• Asset identification and type
• Asset ownership
• Source of funds
• Market value as of December 31, 2024

Asset value must be supported by authentic documents issued by professional institutions(such as professional appraisal agencies), and this requirement also applies to other intangible assets.