The Russian government has reportedly approved amendments to the Tax Code for the taxation of income from cryptocurrency transactions, including cryptocurrency mining and trading. For corporate income tax purposes, it is provided that cryptocurrency will be recognized as a non-depreciable asset and will be taxed as follows: Advance corporate income tax at the standard rate will be collected on cryptocurrency mining at the time cryptocurrency is received in the miner's wallet based on the market value; and Corporate income tax at the standard rate will be collected on the subsequent sale of cryptocurrency if there is a gain from the...