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Topic: [2016-08-10]Bitcoin Sales Are Currency Transactions, Russia's Tax Office Says (Read 248 times)

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Russia's tax agency is encouraging its citizens to report the purchase or sale of digital currencies as currency transactions.

In a tax letter obtained by CoinDesk dated this May, the Ministry of Finance's Federal Tax Service responded to an electronic query on the subject in which it issued new guidance. The statements come amid larger debates domestically about whether bitcoin and other digital currencies should be banned entirely or allowed for specific uses.

http://www.coindesk.com/bitcoin-currency-russia-ministry-finance-tax/
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