Russian government is planning taxes of $ 13 billion from crypto-industries-taxes
Russian government is planning taxes of $ 13 billion from crypto-industries-taxes
According to a government document cited by media, the authorities in Moscow expect more than $ 13 billion to accept from the Russian cryptom market as tax payments. The estimate comes because Russian institutions have discussions about the future of cryptocurrencies in the country.
Russian analysts say that a trillion ruble should flow into the state treasury as crypto taxes
While ministries and supervisory authorities debate future cryptopolitics about Russia, a document that was approved by the press has provided details of the discussions. Recently quoted sources that according to an estimate that is now in Used the consultations that have the Russians over 16.5 trillion rubles in cryptocurrency (around $ 215 billion).
The Policy letter, which refers to this number, was also created later from the news agency The Bell, which published another important outake. Even if Moscow decides for a simplified tax system, the entire expected tax revenue from the industry for digital assets can potentially achieve one trillion rubles per year, which corresponds to $ 13 billion in US currency.
The analysis provides various assessments of the size of the Russian cryptoma market, which indicate that the country's proportion in global crypto economy could be 12 % or more. At the same time, the report states that this estimate created by the Federal Government Analysis Center was questioned by some officials.
The experts explain that crypto -related taxes can be charged from two main sources - levies from legal entities such as stock exchanges and service providers as well as taxes on investments. Their calculations show that the state can preserve between 90 and 180 billion rubles of licensed crypto trading platforms annually and that income tax can bring in up to 606 billion rubles.
Even after the adoption of the "On Digital Financial Assets" law, Russia still has to comprehensively regulate its cryptor room. A in the state duma, the lower house of the Russian parliamentary, now prepares legal proposals to propose to to close the remaining regulatory gaps.
in January Bank of Russia suggested A far-reaching ban of cryptocurrencies. In the meantime, however, the currency authority has led into the misery with growing resistance against its hard attitude towards decentralized digital Money and negative reactions by members of the crypto-community.
In the meantime, the Ministry of Finance has developed its own alternative approach that prefers regulation according to strict government rules instead of a ban. The situation is different with the Russian government, which is based on the Ministry of Finance. Rel = "noopener"> regulatory scenarios until the end of this week.
Do you believe that Russia will ultimately prefer regulation to a blanket ban on operations with cryptocurrencies? Share your expectations in the comment area below.
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