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Russian Duma Prepares Bill to Make Govt Officials Disclose Crypto Profits

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Wed, 17/10/2018 - 13:24
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Russian Duma Prepares Bill to Make Govt Officials Disclose Crypto Profits
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A representative of the Russian liberal-democratic party has recently stated that virtual assets give dishonest officials a chance to avoid publicizing their income. Currently, the deputies, who proposed the draft to make government officials report their crypto income, believe that it is quite easy to explain an extra billion rubles found on your account by returns from fortunate crypto investments.

Therefore, several deputies are preparing a set of amendments for the existing laws to do with taxation and plan to offer them for join discussion in the short term.
 

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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