Russia’s New Crypto Tax: 15% on Trading and Mining Income

Russia amended its crypto tax legislation, proposing a 15% tax on income from crypto asset trading and mining. This aligns with the government’s efforts to establish a balanced taxation policy and increase revenue from the expanding crypto industry. The amendments classify cryptocurrency as “property” for tax purposes. This means that any income generated from crypto The post Russia’s New Crypto Tax: 15% on Trading and Mining Income appeared first on Coin Edition .

Source: Coin Edition