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- 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.

According to the managing partner of the law firm Tax Compliance, Mikhail Begunov, “the arrest warrant issued demonstrates the sufficiency of evidence in the commission of the alleged crime and the desire to extradite the person to the U.S. territory for legal proceedings”.