Authorities #России have decided to take cryptocurrencies under their wing:
🕵️♂️ Individuals who sell crypto will have to pay personal income tax – what a horror, even virtual money won't escape taxes!
🏦 Legal entities will also not escape taxes – the profit tax will be raised from 20% to 25%, so that businesses don't get bored.
📝 The tax office wants to know everything – if you trade crypto in large amounts, you'll have to tell them.
💰 The tax calculation will be based on the difference between the price of the crypto and how much you spent on it – so it's better to remember all your transactions!
⛏️ Miners, be ready to share – data about your services will have to be provided so that tax officials are aware of what’s going on with your mining.