Hello, dear readers of the website uspei.com. Last year, Bitcoin increased its cost 2-3 times and periodically achieved to new record indicators.
The same demonstrated other well-known cryptoaculations. Just for this reason, new different players appear in this industry: someone attracts cryptocurrency mining, others - the ability to extract profits from the course growth.
At the same time, upon receipt of income, it is impossible to forget about taxes. What the user of the cryptocurrency sphere should know, so that there are no problems with the law - further in our article.
For the current period of time, cryptocurrencies have no specific status on the issue under consideration. From 2021, he began to have a legal force of the law "On digital financial assets", in which they never recorded how it is necessary to pay taxes from revenue from transactions with digital coins.
The bill number 1065710-7, which contributes to the NK of the Russian Federation for cryptocurrencies at the moment is at the first reading stage - therefore now only one document at the official level controls the process of payment of NDFL is a letter of the Ministry of Finance of 05/17/2018 No. 03-04-07 / 33234 .
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With this letter, the legislators, in fact, equalized the digital assets with property and are advised when calculating NDFLs to take into account the position of PP. 2 p. 2 Art. 220 Tax Code. In other words, who has cryptocurrency, is obliged to pay the tax on the difference between the value of the sale and costs for its purchase.
The time period when you can submit a declaration of 3-NDFL last year - until April 30, 2021. We need to pay tax until July 15 of the current year.
A payer of taxes can take advantage of its purchase costs, and a fixed amount of deduction - it is 250,000 rubles. (PP. 1 p. 2 of Art. 220 Tax Code of the Russian Federation).
At the same time, the letter No. 33234 affects only procurement and implementation transactions - and does not concern the case in which the physically removes the revenue from the production of digital coins.
Mining is such a service that provides computing power. For her, a person charges digital coins (in other words, a certain property - this is considered to be tax).
Under such circumstances, the "ordinary" citizen will be forced to pay tax with all recoverable revenues after the implementation of cryptoactive.
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To subtract the cost of the process (procurement of technology, electricity) can only individual entrepreneurs who have passed official registration.
Still among citizens who mining cryptocurrency, there is an option to become self-employed. It is impossible to exclude costs in such a situation, but the status provides certain advantages - if compared with IP:
- Profitable tax rate - 6%, and not 13%.
- No obligations to pay mandatory insurance premiums.
- No reporting.
But to take advantage of this status trading with digital coins will not be released, since the transaction on this tax mode is not provided for by law.
What are going to supplement in legislation?Now we will study, with which all those who are interested in cryptocurrencies are faced with the approval of a new bill:
Cryptocurrencies (according to the law considered digital currencies) will now be assessed as property falling under the taxation. At the moment, this is fixed only by the explanation of the Ministry of Finance, but will soon bring to a separate paragraph in Art. 38 of the Tax Code.
Now it will be a mandatory delivery of a specialized report on transactions with digital coins - when an annual amount of credits is exceeded or costs of 600,000 rubles. The report must be provided every year until April 30th. When adopting a law in 2021, the first report will be required to send until April 30, 2022.
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Please note: the tax should be paid from any transaction - even if you have uploaded for a year only 5-6,000 rubles. If the report is not presented - finally in the amount of 50,000 rubles. If incorrect information is filed, the penalty will be 10% of the amounts of credentials unchanged in the reporting or the cost of cryptoactive (make a choice in favor of the largest amount).
If you do not pay taxes from transactions on cryptocurrents, you will have to pay a fine - 40% of the shortage of the shortage. The total alignment is that fines for tax crimes are equal to 20% of the amount. In the increased rate of 40% use only if there is evidence of intent.
And yet: if the statements are submitted not to the procedure established by law, it is possible to attract and criminalize. This option prescribes a separate bill, aimed recently by the Government of the State Duma.
Attention to criminal liability advise those who have not transferred the necessary reports 2-3 times, if the size of the revolutions for 3 years will be large (15,000,000 rubles) or especially large (45,000,000 rubles).
When making changes in the Criminal Code can get up to 4 years in prison. It can also be fined to 2,000,000 rubles.
Source: https://cryptonews.net/ru/news/regulation/463540/
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