Cryptocurrency Taxation Starting from 2025

As of January 1, 2025, the provisions of Federal Law N418-FZ dated November 29, 2024, specifying the taxation procedure for income from cryptocurrency sales, came into force: 

  • Legal entities pay corporate income tax; 
  • Individuals and individual entrepreneurs under the general taxation system pay personal income tax; 
  • VAT does not apply to these transactions. 

Taxable income from cryptocurrency sales is calculated as the difference between:
(Proceeds from sale, but not less that the market value multiplied by 0,8 for Corporate income tax purposes) – (Purchase cost) – (Cryptocurrency exchange fees). 

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