All by tag: Taxation

The collaboration with the cryptocurrency platform will allow the company to launch initiatives related to digital assets

A criminal law approach will help the Central Bank and the Ministry of Finance to resolve contradictions in the regulation of cryptocurrencies, the ARB noted

Such a provision is contained in the new version of the draft law finalized by the department

According to the FNC’s President, the project will open up new opportunities for efficient and secure document management

According to the document, crypto companies must provide tax information on transactions no later than February 1, 2023

This will attract more funds to the state budget, the Minister of National Economy of the Republic Alibek Kuantyrov believes

Transactions of €10 000 ($10,900) or more per year will be taxed

The relevant amendments to the Tax Code could be introduced as early as the spring session

Ksenia Yudaeva, First Deputy Chairman of the Central Bank of the Russian Federation, responded to the proposals made by Anton Gorelkin, the State Duma Deputy from United Russia

This was influenced by an increase in the tax rate on transactions with digital assets to 30%

If the new rules are approved, Americans will be required to report cryptocurrency accounts over $50 000 to the IRS

Also, the US government will increase the Department of Justice’s budget as part of its combat against cryptocurrency crimes