Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

by Aurelia Butler 28 June 2022, 22:40 169 Views

In addition, the bill established income tax rates of 13% for Russian exchanges on the first 5 million rubles (currently about U$93,000) of the taxable base annually, 15% on amounts above that limit and 15% across the board for foreign exchange operators. The current tax rate for companies is 20%.

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Source: Cryptocurrency - investing.com

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Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

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Target will cover employees' travel to other states for abortions, company memo says

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