The Russian Official Gazette released Law No. 324-FZ, which amends the tax laws governing digital currency.
The following changes have been made:
- Setting a unique process for taxing digital currency-related activities
- Establishing rules for revenue arising from digital currency transactions in terms of VAT, corporate income tax, and individual tax
- Revising the rules for withholding tax
- Evaluating the tax bases for different kinds of digital currency
- Providing tax rates for income derived through various digital transactions.
Source GVC
Latest Posts in "Russia"
- VAT on Property Transfer to Withdrawing LLC Members: Recent Russian Court Practice and Tax Base Determination
- Russia is set to increase its standard VAT rate from 20% to 22% starting in 2026
- Russia Faces Economic Uncertainty Amid VAT Hike Plans and Escalating US Sanctions
- Russian IT Industry Retains VAT Exemption, Easing Tax Pressure on Software Developers
- Russian Government Delays Removal of VAT Break for Domestic Software Developers


 
        		 
        	










