The FTS website began to publish cryptocurrency courses

A page with cryptocurrency rates and trading volumes among the “foreign trading organizers” – the largest crypto -rhizas appeared on the website of the Federal Tax Service (Federal Tax Service). The portal shows only those exchanges, the volume of bidding on which exceeds 100 billion rubles, for example, such as Binance, BYBIBIT, OKX, KUCOIN, MEXC, HTX and Gate. He writes about this RBC Crypto

Information for miners, posted on the FTS website, is “exclusively reference in nature”, but can be used by taxpayers in determining income on transactions with cryptocurrencies. The page reminds that income in the form of a digital currency received from mining is determined based on the market quotation of such a currency on the date of recognition of income, that is, receiving it on a crypto -coolant.

The industry participants called the new Federal Tax Service Service an important promotion in the service with miners, but noted some nuances in which users need to figure it out on their own.

Step towards miners

The new Federal Tax Service Service includes the basic information necessary for filling out tax reporting, and allows miners to navigate in their obligations faster, says Timofey Semenov, Director General of Intelion Date. According to him, this is an “important milestone on the path of rapprochement” of the state and the industry.

“It is important for us that the Federal Tax Service demonstrates readiness for an open dialogue and the development of digital services focused on industry features,” says Semenov.

This can definitely be considered a positive step, the Director of Communications of the EXMO.Me crypto -river, Mikhail Smirnov, agreed with him. However, according to him, the definition of a “market course” raises questions. Without accurate numbers, this promising tool risks remaining just a formality, says Smirnov.

He explained that there are simply no ruble pairs with cryptocurrencies on the largest crypto -rhizas. According to the expert, the Federal Tax Service could take into account the data of licensed brokers, for example, from Belarus, which work with rubles directly and give more accurate market quotes for Russian legal entities.

According to the Federal Tax Service, on its portal, the price of cryptocurrency, expressed in foreign currency or in stabilcoins (foreign digital rights), is recalculated into rubles at the official exchange rate of the Bank of Russia.

Independent analysis

The new provisions of the Tax Code prescribe a separate accounting of operations with digital currency and provide for a special procedure for determining its value (Article 282.3 of the Tax Code of the Russian Federation), said Igor Gribkov, head of tax practice of the Law Company of the EBR. For example, the income of the miner is recognized as the market value of cryptocurrency on the date of its production, the lawyer explained.

According to him, for a market quotation, it is necessary to accept the closing price, which the foreign organizer of the tender (including the exchange) expects the transactions that have passed on it. At the same time, the prices of the site for taxation can only be applied, subject to the following conditions:

• During the day, the volume of trading transactions with cryptocurrency was more than 100 billion rubles;
• Prior to the operation, the quotes were located on the site for three years or more.

In this context, the information published by the Federal Tax Service is interesting, because it says, which areas can be used taking into account a particular date of operation – for example, on 13.01.2025, Kucoin has not reached 100 billion rubles, which prevents the use of the price for conditional bitcoin according to this site, Gribkov explained. He added that it is important to consider that the Federal Tax Service of the Cryptocurrencies Course and the sites is presented only for the period starting on January 1, 2025.

In addition, Gribkov noted that the Federal Tax Service warned of the reference nature of the data posted and that the taxpayer should check it on his own. Such a disclaimer as a whole reflects the approach that should be guided when using the service, relying primarily on their own analysis of the sites, the lawyer says.

He drew attention to the fact that the site shows data on cryptocurrency courses in the section of sites and describes the methodology of independent obtaining market quotes on each of them.

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