How Russia charges cryptocurrency taxes: Mikhail Uspenskiy, Partner at Taxology

How Russia charges cryptocurrency taxes: Mikhail Uspenskiy, Partner at Taxology

According tothe Ministry of Finance of the Russian Federation, profit from cryptocurrency transactions is taxed within the country.

Tax treatment of digital money in Russia will be discussed at Blockchain Conference Moscow on November 20. Mikhail Uspenskiy, Partner at Taxology Law Firm, will speak on the topic: Cryptocurrency Taxation in the Russian Federation.

Key points:

  • what is a token for tax purposes?
  • emergence of VAT in crypto trading;
  • consequences of profit tax;
  • incometaxoncryptocurrencies.

Mikhail Uspenskiy is a tax consulting expert with long-term experience. He also worked with related branches of law: structured deals and developed unconventional treaty relations.

Besides, the specialist accompanied complex legal proceedings and regulated tax disputes in the Supreme Court of the Russian Federation. The speaker specializes in blockchain technology and is a member of the Singapore Cryptocurrency and Blockchain Industry Association (ACCESS).

Currently, he is a partner at Taxology, Russia’s major tax and law firm. The company is engaged in complicated corporate taxation issues.


Discover how Russia charges cryptocurrency taxes from the expert at the conference!

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