The Russian government approved amendments to the tax law on digital currencies. Income from mining will be calculated at market value, with the possibility of deducting expenses. Transactions with digital currencies will not be subject to VAT, and the income tax on their sale will be up to 15%. Mining infrastructure operators are required to provide data on miners to tax authorities.
11/19/2024 2:08:13 PM (GMT+1)
The Russian government approved a draft amendment on the taxation of digital currencies: mining, VAT, income, 15% tax, operators must provide data 👨💻
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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