Brazil

Americas

Foreign prop-firm profit-share is self-employment income run through Carnê-Leão monthly (up to 27.5%) plus INSS. Incorporating (PJ) is sometimes used at higher volume.

How it's classified

Self-employment income (trabalho não-assalariado) from a foreign entity, via Carnê-Leão — not capital gains.

Tax rate

Progressive IRPF: exempt low threshold, then 7.5 / 15 / 22.5 / 27.5% (top 27.5%).

Social contributions

INSS for self-employed (contribuinte individual), typically ~20% on a capped base.

Registration / regime

Carnê-Leão — mandatory monthly self-assessment (DARF) for income from foreign entities, reconciled in the annual return.

Crypto payouts

USDC is income at BRL value on receipt via Carnê-Leão; a later crypto sale is a separate ~17.5% capital-gains event.

Sources

taxsummaries.pwc.com

General information only — this is not tax or legal advice. Rules change and depend on your situation. Always confirm with a qualified tax professional in your country.

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