Vladimir Putin Signed: Digital Currency Included in Tax Law

The digital ruble project that Russia is working on was included in the country’s tax law with the signature of Vladimir Putin.

According to the information provided by Telesputnik, tax law is now “digital ruble account” There is a definition for . This will allow creating a legal basis for digital ruble transactions.

With the change How transactions made with digital rubles will be taxed Information about this was also included in tax law. It was stated that no value added tax will be paid for opening a digital ruble account.

According to the new law, authorities cannot check taxpayers’ bank accounts. not enough money in case of person They will be able to receive digital rubles.

Officials also will be able to suspend digital ruble accountsThey will be able to request documents from the operators of the platforms where digital ruble transactions are made.

According to the statements made by Russian Deputy Finance Minister Aleksey Moiseyev, the country digital ruble as a tool in international trade can use.

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