Market participants suggested that the changes are related to the tightening of the regulation of the crypto industry in the country.
Russians began to actively declare income from operations with cryptocurrency to pay taxes. Izvestia writes about this with reference to data from consulting and legal companies.
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- According to media reports, Russians began to declare and submit to tax information on transactions with cryptocurrencies, amid growing interest from authorities to control the digital asset market in the Russian Federation.
- Despite the surge in activity, representatives of consulting and legal companies noted that it is too early to talk about the massive nature of the trend. The deadline for filing declarations expires on May 1. Izvestia sources noted that many market participants often submit documents closer to the deadline. Therefore, the statistics of the volume of data on the operations of Russians with cryptocurrencies may change by the end of the month.
- Representatives of consulting and legal companies believe that participants in the digital asset market have begun to file declarations more often due to the tightening of regulation by the Federal Tax Service.
- Thanks to the transfer of documents by the owners of the financial instrument, the regulator gained access to additional information on the transfers of funds of Russians abroad.
We will remind, earlier on the network there was information that the tax Russian Federation insists on the mandatory declaration of cryptocurrencies by Russians. Regulators believe that citizens should report on transactions with digital assets if their volume for the year exceeded 600 thousand rubles.