📣 The Ministry of Finance of the Russian Federation has announced changes that will surely please many in the crypto world. Let's figure out what this means:
💸 Exemption from VAT!
Now operations with digital currencies are exempt from value-added tax. This is a step towards simplifying trade and providing greater freedom for crypto traders. It's easier to breathe, isn't it? 😉
📊 Personal income tax for crypto earnings: up to 15%!
Income from operations with cryptocurrencies will now be taxed like income from securities. But the good news: the rate will not exceed 15%! Now you don't have to worry about 'crypto-robbery' taxes for every earned bitcoin. 🙌
🌍 What about non-residents?
Here the news is not so joyful — the tax rate for non-residents will be 30%. If you spend less than 183 days a year in Russia, be prepared to pay more. But this is already a reason to think about wintering in Sochi, isn't it? 😄
💡 What does this mean for the market?
These changes are a signal that Russia is moving towards the legalization and support of the crypto industry. This could attract new investors and simplify life for those already working with crypto. 🚀
📌 How do you feel about such news? Share your opinion! Let's discuss together 👇