Government eliminates import tax on Bitcoin mining equipment

Source: PortaldoBitcoin Original Title: Government eliminates import tax for Bitcoin mining equipment Original Link: The federal government has eliminated the Import Tax for equipment used in Bitcoin mining operations, expanding the list of products eligible to receive the benefit through two Resolutions (823 and 824) GECEX published in the Official Gazette of the Union.

The measure adjusts and complements previous rules by including new items related to the infrastructure necessary for maintaining mining farms in the country under the ex-tarifário regime. The exemptions are valid until November 30, 2027.

The resolutions update annexes of previous regulations, removing some previously exempt items and including new goods that are now subject to a zero import rate. Among the items covered are complete storage and cooling structures for servers dedicated to cryptocurrency mining, as well as functional units such as “modular data centers.”

The measure aligns with previous government decisions in the same direction. In May of this year, the country had already granted exemptions for some Bitcoin mining equipment by including mobile data center infrastructure and cooling systems for SHA-256 algorithm rigs. This new decision focuses largely on the same types of items, covering servers dedicated to cryptocurrency mining that use the SHA256 algorithm.

Now, with the new resolutions, the government expands and reorganizes this set of benefited products, reinforcing the trend of treating mining equipment as capital goods subject to industrial and commercial policies, rather than as general consumer items.