Russia to include crypto into its tax code: Here is what the rules might look like
2022.04.20 15:36
Russia to include crypto into its tax code: Here is what the rules might look like
In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance over crypto regulation has become the key regulatory plot for the Russian crypto community to follow. Simultaneously, however, another important legislative development has been unfolding somewhat under the radar: negotiations around tax code amendments that would make cryptocurrencies a taxable asset class. Here’s how it went down so far.
As the head of the State Duma’s (the lower chamber of Russian Parliament) financial markets committee, Anatoly Aksakov told local media on April 7 that the amendments to the federal tax code regarding crypto are expected to pass by the end of the summer parliamentary session.
