🚀 Big news from Russia! President Putin has signed a law taxing crypto transactions and recognizing them as property. Here's the scoop:
- Personal income tax on crypto sales set at 13%-15%.
- Mining operations are VAT-exempt but must report services or face fines.
- Crypto from mining is income in kind, taxed progressively.
- Corporate mining profits to face a 25% tax rate from 2025.
- Simplified tax systems are off-limits for crypto businesses.
What do you think about Russia's crypto stance? Share your thoughts below! 💬