PANews November 19 news, according to Interfax reports, the Russian government has approved a draft amendment to the bill on taxing the income and expenses from digital currency mining and its purchase and sale. Digital currency transactions are exempt from value-added tax. Income from digital currency transactions will be included in the same tax base as income from securities transactions. Therefore, the maximum personal income tax rate on cryptocurrency will not exceed 15%. Operators of mining infrastructure must report to the tax authorities the information of individuals mining cryptocurrency using their infrastructure.
