Russians Owe 13% Tax on Their Crypto Incomes

in #bitcoin7 years ago

Russian citizens are expected to pay a 13 percent tax on their crypto related income. Amendments are being made in the tax code. The exact rates should be confirmed by the end of the year. However, the lawyer has warned that if they fail to report the benefits of cryptographic transaction, then still the citizens have to face criminal prosecution. SOURCE https://news.bitcoin.com/russians-owe-13-tax-on-their-crypto-incomes/