How is crypto taxed in Russia?

Crypto tax in Russia is set by amendments to the Tax Code signed in November 2024, which treat digital currency as property. Individuals pay personal income tax on gains when they sell, and miners pay tax on the value of new coins. Further changes approved by the government in April 2026 would adjust how losses and VAT are handled.

What is the Russia crypto tax rate?

Under the 2024 law, income from crypto operations is pooled with income from shares, bonds, fund units and Russian bank deposits, Interfax reported. That combined base is taxed at 13% up to 2.4 million rubles a year and 15% on the excess. So a person with 3 million rubles of such income pays 312,000 rubles on the first 2.4 million plus 15% of the rest.

The taxable amount is the sale price minus documented costs. The law firm Seamless Legal notes that the 250,000 ruble standard deduction and the exemption for assets held over three years, which apply to some securities, do not apply to crypto. Gifts to close relatives are left out. Interfax also reported that sale prices may not be set below the market quotation minus 20%, and purchase costs may not exceed it plus 20%. Keeping records of what you paid matters for this reason, as covered in what is crypto cost basis.

How is crypto mining revenue taxed in Russia?

Mining has been legal since November 2024, as described in is crypto legal in Russia. For tax, mined coins count as income on the date the miner gains the right to dispose of them, not when they are sold. Their value is the closing price on a qualifying foreign exchange with daily trading above 100 billion rubles, converted at the Bank of Russia's official rate, according to Interfax.

Seamless Legal says individuals pay tax on mining income at the general progressive scale of 13% to 22%, and mining expenses such as electricity can reduce it. Companies pay 25% profit tax from 2025. Mining cannot use special regimes such as the simplified tax system, and mining infrastructure operators must report quarterly on their clients. For the general approach, see how is crypto mining taxed.

Are there new crypto taxes in the Russian Federation?

On April 29, 2026, the government approved a set of Tax Code amendments linked to the new crypto market law, according to the firm Moscow Legal. Gains and losses on digital currency would be netted within one tax year, with no carry-forward of losses. Services of licensed exchange organizers and digital custodians would be exempt from VAT, and crypto used to settle import and export contracts would fall into companies' general tax base. The report gave no new rates, and the amendments still needed parliament's approval, so check their status before relying on them.

For how this compares with other countries, see crypto tax around the world.

Rules differ by country and change often. Check the tax authority or a qualified professional for your own situation.