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In addition, it will be up to the RFB to better element tips on how to accurately calculate the tax due, if it wishes to acquire tax compliance from the taxpayer and avoid tax evasion. The reasons that led RFB to create the declaration are valid and truthful, and comply with the international trend in view of the adoption of a new expertise that imposes the need for some discipline. The RFB created an obligation to declare transactions involving bitcoins and different crypto property and imposed fines without having previously clarified the taxpayer about the subject of the tax. For people who live overseas, but are tax residents in Brazil and therefore affected by the new declaration, the eventual requirement for a digital certificate represents a related downside. The number of people with a digital certificates in Brazil remains to be comparatively small, and we've no data that it may be obtained from a Brazilian consulate overseas. It would be beneficial that the RFB does not, underneath any circumstances, require the digital certificate for transmission.

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