Quote from: Major Azul on June 16, 2025, 11:12:43 AM

Hello, community! I'm new to Bitcoin self-custody and would like some help to better understand some issues.

I currently use the Bipa app to buy Bitcoin BTC and then transfer it to my personal wallet (BlueWallet), as I believe that "neither your keys nor your coins". However, with the new 17% tax rule on cryptocurrency profits in Brazil, I'm concerned.

My questions are:

Self-custody vs. Taxation: Does keeping BTC BTC in my own wallet really protect me from being tracked by the IRS?

Legal strategies: Are there ways to not declare or structure transactions to reduce impacts, since the government already collects a lot of money and it all goes to politicians' pockets?

Privacy: Should I migrate to wallets like Wasabi or Samourai (CoinJoin) to increase anonymity?

I appreciate any guidance or experience you can share!

If only the cryptocurrency profits are taxed, just declare losses instead of profits. Grin

Maybe you should talk to a Brazilian accountant, who has deep understanding over the Brazilian tax system. I'm sure that many accountants around the world know how to use loopholes in the local tax legislation in order to help their clients pay less taxes in a legal way. There aren't many accountants in this forum, so you won't get any expert opinion. I don't think that moving your crypto from one wallet to another would help you that much.