Taxes on income from currency. Who and how much will have to pay

author

Mikhail Begunov

Taxes on income from currency. Who and how much will have to pay

14.03.2020

source

…

- For the purposes of personal income tax, income is recognized as an economic gain in cash or in kind," said Mikhail Begunov, Managing Partner at Tax Compliance. - But Chapter 23 of the Tax Code does not contain such a term as “exchange rate differences”. Therefore, for the purposes of calculating personal income tax, any exchange difference cannot be considered as an independent type of income.

…

To find the full text of the article you can LIFE