Russia has published Federal Law No 418-FZ of 29 November 2024 in the Official Gazette, which amends the Tax Code for the taxation of income from cryptocurrency transactions, including cryptocurrency mining and trading. The law is effective from 1 January 2025. For corporate income tax purposes, it is provided that cryptocurrency is 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...