AN ANALYSIS OF THE EFFECTIVENESS OF THE TAXATION OF CRYPTO-ASSETS BY THE BRAZILIAN STATE

Abstract

This article aims to analyze the effectiveness of crypto-asset tax policies, as well as their practical challenges, regulatory gaps and the economic impacts arising from the absence of specific regulation. The present study is of an exploratory qualitative nature, developed based on a bibliographic review, using the CAPES Journal Portal as the main source for the selection of scientific articles relevant to the research, in addition to the analysis of current tax legislation, such as Normative Instruction No. 1,888/2019 and Decree No. 9,580/2018. The study showed that the current regulatory scenario imposes legal uncertainty on investors, increases tax compliance costs and compromises the effectiveness of tax collection. The absence of specific rules for the calculation of gains from digital assets, added to the difficulty of inspection, discourages the development of this market and accentuates the risks of tax evasion.