The agency has prepared a bill, which states that Russian companies will have to pay the value added tax (VAT) providing foreign customers with foreign customers or computing capacities in real time.
In the current legislation, there were previously no norms regulating taxation of such transactions, officials explained.
The Ministry of Finance has not yet called the predicted volumes of future tax revenues. On April 25, it was the last day of receiving the first tax returns of miners on income tax.
According to the Federal Tax Service on April 1, 606 mining companies and 116 mining infrastructure operators (OMI) were registered in Russia. The latter specialize in the provision of data centers (premises, equipment and services) necessary for the extraction of cryptocurrencies.
A year ago, director of the Industrial Mining Association Sergey Nerdelov celebratedthat the legalization of industrial mining can bring to the Russian budget up to 50 billion rubles annually – subject to the release of the industry for profitability.
Last year, the Minister of Finance of Russia Anton Siluanov stated that the agency does not expect a significant increase in the income of the state budget from legitimizing the production of cryptocurrencies. The main goal, according to him, is not the growth of tax fees, but the creation of conditions for the use of obtained digital assets in foreign trade calculations.
Earlier, at the Blockchain Forum 2025 conference, the deputy director of the Department of Financial Policy of the Ministry of Finance Osman Kabaloev said that the regulation of digital assets in Russia is more liberal than in other countries.
Source: Bits
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