All by tag: Taxation

The document defines the calculation formula and the amount of the tax

Previously, digital assets had to be held for ten years to become tax-free

The decision was taken in order to protect the rights of consumers

According to the local media, the payment process is “no different from Alipay or WeChat Pay”

The regulator calls for common rules for operating in the digital assets market

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