im sucking in

If you can hear this picture, you are my people

Noooooooo....😳😁🤣😳😂

Yo sneaky....?! 😆

proud non-owners of TV unite

📺➡️🗑️

🔥🔥

Bitcoin is a scam, it's for money laundering, drug dealing, and crime.

Get out while tou still can.

Also, here are some bonds. And some money market accounts that don't beat the rate of inflation.

I'll be taking 4 % for my services.

the farther you move away from nature, the more you suffer.

That is crazy. Those people are sick

I think both property and capital gains are similar in format all around the world, only changing values and thresholds. So except where bitcoin is treated as a currency instead of a property, most countries will have the same kind of taxes on it. (I think only Japan and Germany treat bitcoin as a currency)

In Brazil, Bitcoin and other cryptocurrencies are treated as financial assets and are subject to various tax obligations, including capital gains tax, wealth tax, and specific reporting requirements.

Here’s an overview of how Bitcoin is taxed in Brazil:

1 *Capital Gains Tax*: In Brazil, profits made from selling or exchanging Bitcoin are subject to capital gains tax. If the total value of sales or exchanges within a month exceeds BRL 35,000, any profit is taxed. The rate varies depending on the profit amount:

- 15% for profits up to BRL 5 million

- 17.5% for profits between BRL 5 million and BRL 10 million

- 20% for profits between BRL 10 million and BRL 30 million

- 22.5% for profits above BRL 30 million

2- *Wealth Tax (Declaratory Requirement)*: Although Brazil does not have a formal wealth tax, individuals are required to declare their Bitcoin holdings as part of their annual income tax return (IRPF) if they exceed BRL 5,000. These holdings should be reported based on their acquisition cost rather than the market value at year-end.

3- *Reporting Requirements*: The Brazilian IRS (Receita Federal) mandates that individuals, companies, and brokers report all cryptocurrency transactions exceeding BRL 30,000 monthly. Transactions must be reported via the e-Financeira system or the Receita Federal’s specific cryptocurrency reporting form. This includes detailed information on transaction dates, amounts, and counterparties.

4- *Mining*: Income earned from mining is also taxable. If mining is conducted on a small scale, earnings are generally considered personal income and taxed accordingly. However, for large-scale mining, the activity may be classified as business income, subjecting it to additional business taxes and requirements.

The Receita Federal has been actively monitoring cryptocurrency transactions, and failure to report accurately can result in substantial fines. Compliance with tax obligations is essential as cryptocurrency-related scrutiny increases in Brazil.

being childless in middle age is nothing to envy, nor is my plague of health

the only thing that is going right for me is i'm good enough at programming to be able to get work and deliver on the spec

if i get lucky enough to find a wife where i go next, then, well, ok, but i played a long game and didn't have fun getting there

the one thing that i am very grateful for is to not be stuck in a position where i have to figure out how to not have the state brainwash my children, that really disturbs me... i had a really bad time at school and i wouldn't wish that on my own children, and it's worse now than it was then

these days i mostly work remotely, and try to avoid getting into arrangements involving taxation... current main paid gig i don't have any binds to the local authorities and i get paid in sats, company is based in USA, so i guess they might be paying the IRS on my behalf

i had to do some registration rigmerole for a job back in 2021 and that shit turned into a huge waste of time and zero tax back for my actual business expenses

Hahahaha I could never drink that 🤮 😂