How Does Russia Tax Crypto Gains?!

in #russia6 years ago (edited)

Crypto’s status: Not defined

Taxes on gains: 13 percent (personal income tax)

At this point, there’s no definite tax framework for cryptocurrencies in Russia, although various general crypto bills have been introduced this year at the state level.

Nevertheless, on May 17, the Ministry of Finance published a document stating that citizens should estimate and declare capital gains tax on cryptocurrencies “independently” before an official regulatory framework for the crypto market is introduced. Personal income tax in Russia is levied at 13 percent.

Source:cointelegraph



^^^Grow The STEEM Community...ReSTEEM-UpVote-Follow^^^

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 62676.37
ETH 2581.43
USDT 1.00
SBD 2.72