😱🇷🇺New change in Crypto transactions and mining from Russia: Accepted

The Russian government, which has recently combined the features related to cryptocurrencies, is also hiding from some of the remnants that are proposed to be taxed. Accordingly, income from cryptocurrencies and mining activities will be included in the property right and there will be a 15% income tax.

The Russian government has accepted some changes proposed in the law that was canceled on cryptocurrencies. According to the changes made, income from cryptocurrency transactions and mining transactions will be subject to a 15% tax.

The property right of cryptocurrencies will be included and tax will be collected from both transactions and income earned from mining. Miners will be able to deduct their expenses on mining activities from their taxed income.

Crypto transactions will be exempt from VAT, but they will be subject to a 15% tax on securities. Mining income will be taxed at the same rate.

In the relevant statement made by the Russian Ministry of Finance, it was stated that taxation was introduced especially to ensure the balance between state and private sector mining.

#Russia , which enacted the first taxation law on cryptocurrencies in 2021, has implemented strict controls and bans on this issue. Western sanctions that began with the Ukraine war have led to a much more positive approach to the country's cryptocurrencies. Today, Russia, the leading country of #BRICS , is discussing the growth of trade between countries in this group with currencies other than the US dollar.

#Putin #90kCryptoZone #BTC