Hello crypto enthusiasts! 💸 Starting January 1, 2025, important changes in tax legislation will come into effect in Russia, affecting everyone involved with digital currencies. Here are the main points:
🏗️ Mining under control
Now, mining infrastructure operators are required to report on miners using their equipment. Forgot to send the report? Get a fine of ₽40,000!
💼 Taxes for individuals
Income from cryptocurrencies will be included in the overall tax base along with securities.
Income up to ₽2.4 million will be taxed at a rate of 13%, above that — 15%.
🏢 Legal entities and mining
For companies, the profit tax from mining will increase from 20% to 25%. But there is a bonus: operations for the sale of cryptocurrency are exempt from VAT.
📊 Cryptocurrency exchanges and quotes
Income will be calculated based on market quotes from exchanges with trading volumes of ₽100 billion per day. Moreover, the taxpayer can choose which data to use if two or more exchanges are involved.
⛔ No more benefits
Forget about the patent system, 'simplified taxation', or taxes for self-employed individuals. Cryptocurrency operations are now under strict standards.
🚀 What does this mean?
The new rules are an attempt to regulate the crypto industry, but they add administrative burdens. Miners will have to work hard to meet the requirements.
🤔 Do you think these measures will help bring the crypto market out of the 'shadows' or will they become a hindrance? Share your thoughts!