Bitcoin mining profits in Russia to face new 15% tax rules, officials say

The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions.

Russia is moving forward with a draft amendment to its Bitcoin  btc-1.35%Bitcoin mining legislation, introducing new tax rules for crypto mining, transactions, and related infrastructure. According to an Interfax report, the amendments, announced by the Ministry of Finance, establish new guidelines for taxing income and expenses in the crypto mining sector, along with outlining the tax obligations for operators of mining infrastructure.

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