Russia intends to tax cryptocurrency transactions

[hackzang12]

In my country they will implement tax in the near future. I think they had a meeting on the senate and its in our jurisdiction to pass a bill that are related on cryptocurrency. I hope that they will legalize ICO soon in other country so it will be easier for us to gain profits and avoid those scam ico in the future.

[idioma1]

The decentrilized cryptocurrency is a big problem for Russia. The gorenment is willing to control everything and they will not just allow people to earn money. Russia will try to bring back the centralization system. So whether people will pay taxes or the government will create a law to ban cryptocurrency at all.

[Ini35]

This is good, but the issue is, how do they go about it. How can they easily identify the miners, as well as those exchanging, because there are different means through which coins can be exchanged into the physical money. Although, if they can think of some regulations, within their jurisdictions, they may achieve that.

[rosezionjohn]

It is going to happen sooner or later. Cryptocurrency earnings should be taxed. I think this is the best way for cryptocurrencies to be widely accepted by different countries.  

[Ozero]

It will already be the next, probably, the third or fourth bill on the crypto currency in the State Duma of Russia. It should be said that the bill is inherently quite good. If it is adopted, then in Russia the crypto currency will develop. A tax of 13 percent on profits is one of the lowest in size. However, we should not forget that there is also a draft law on criminal responsibility for any transactions with crypto-currency on the grounds that the Constitution of the Russian Federation provides that the ruble is a single means of payment for the territory of Russia and therefore all other forms of payment are illegal.
Proceeding from this and taking into account the contradictory opinion in the statements about the crypto currency of various officials of this country, let us see which of the bills will be adopted.

[Raist]

How it will influence the market ?

Generally any tolerant legislation activity in any of world's biggest and most influential countries will likely improve the market.

[vladaziya1]

This news company can at least say something. In fact, they wanted to, but now they have forgotten everything. Perhaps this will not happen, as there will be a lot of discontent.

[Xelpherpolis]

The government has been trying to legalize cryptocurrencies for a long time, but many major players, such as banks, do not make concessions, and this is understandable, because cryptocurrencies are fraught with many "pitfalls".

[malikusama]

Nothing new, all countries have a plan to tax cryptos accordingly, one of the main purpose of implementing regulations on cryptocurrencies is to tax cryptos so that no one can hide behind this anonymous network to save their wealth from taxes.
However 13% is too much it should be less than 5%, they should not impose unfair tax policies.

[kryptqnick]

This is all normal.On the end everybody will tax crypto in their countries one day.For now its still good but tax day is close
Its not a big deal 13%

That's true. As fiat taxes sum up to about 20%, taxes on cryptos are pretty small and fair. It is advantageous to people who make some business with cryptos, since they can make sure everything is legal. It's also an opportunity for the government to earn some money from this hidden for now economy. I think this decision is fair and wise.

Nothing new, all countries have a plan to tax cryptos accordingly, one of the main purpose of implementing regulations on cryptocurrencies is to tax cryptos so that no one can hide behind this anonymous network to save their wealth from taxes.
However 13% is too much it should be less than 5%, they should not impose unfair tax policies.

Why are you saying it's too much? Are you from a country where the usual taxes you pay are less than that? We are used to paying fiat taxes to the government, so why should it surprise us to do the same with cryptocurrencies? If 13% will be the total taxation, that would still encourage people to use cryptocurrencies.

[Lontongmie]

In my country, this is also a problem, because the cryptocurrency itself is not regulated by the law, but taxes have already begun to collect..

[BQ]

Crypto currencies are meant to be created as a decentralised currency where there'll be no third party intervention. If tax being imposed to it, won't the feature of it loose its value?

crypto has to play by the rules until the time is right.. 

[Profuter]

I think they will not come up with anything, it is unrealistic to track a large number of people, who and how much earned on the cryptocurrency.