Ukraine has determined the tax rate on mining. Will have to pay a lot
Source:The Ministry of Finance determined the amount of the tax for miners for mining cryptocurrency entrepreneurs will have to pay 19.5% of the profits, that is, the rate of income tax. About it writes .
Now, the cryptocurrency in the country are equated with ownership or financial assets. According to these articles, the owners must report the amount of the profit from the mining tax, said the Minister.
There are two types of transactions with cryptocurrencies — mining and trade. Let's say you buy a Bitcoin for 1000 USD. You are lucky and it grew to 2000 UAH — you withdrew money from cryptocurrency and enlisted them to the Bank card. The change is 1000 UAH. This amount is taxed at 19.5 per cent. A lot or a little — it's a rhetorical question.
The Representative of the Ministry of Finance Sergey Varlamov clarified the status of cryptocurrency in the country office and the tax office will treat them as intangible assets.
We already Have members who reflect their digital assets in electronic declarations. Now it can do other citizens.
In late July the State service of special communication and information protection of Ukraine , which for mining in the country do not need licenses.
Recall that in late August representatives of the Russian cryptocurrency community to the Minister of Finance to give the miners a self-employed status. In the case of approval of the idea of the tax will fluctuate at the level of 3-5 percent.
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