Crypto Miners and Holders In Russia Will Pay Taxes

Home / Crypto Miners and Holders In Russia Will Pay Taxes

The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, said that cryptocurrency miners and holders in Russia will be regulated under the existing Tax Code. Aksakov specified that individuals engaged in the circulation of virtual currencies will pay personal income tax, while legal entities will have to pay taxes in accordance with their type of business. Lawmakers are looking to pass this bill on cryptocurrencies during the autumn session of the Duma.

 

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