Market News | Cryptocurrencies may be recognized as property this year - Izvestia

It is planned to recognize cryptocurrencies as property this year. Adoption of amendments to the Tax Code (TC) is expected before the end of the spring session, told"Izvestia" the head of the State Duma Committee on the financial market Anatoly Aksakov. The bill also provides for mandatory reporting to the Federal Tax Service on the turnover of digital assets in the amount of more than 600 thousand rubles per year. The Central Bank insists that the circulation of cryptocurrencies will lead to the growth of the shadow economy and loss of tax revenues. However, experts interviewed by Izvestia are sure that the crypto industry in Russia must be removed from the gray zone, and additional tax revenues of the budget could amount to 20 billion rubles.

Your bitcoin is closer to the body: cryptocurrencies may be recognized as property this year | Articles | News (iz.ru)