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Cryptopedia

Cryptopedia

Rio de Janeiro became the first city in Brazil to accept taxes on Bitcoin and cryptocurrency

Rio de Janeiro, Brazil, will officially start accepting Bitcoin to pay its city wide Imposto de Propriedade Predial e Territorial Urbana _IPTU_. Chicão Bulhões, Minister of economic development, innovation and simplification of Rio de Janeiro, announced that the new crypto tax law will be implemented from 2023.
Authored by Gate TR. Please refer to the source.

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