Is it necessary to pay taxes on the purchase or sale of cryptocurrency?

Income derived from the sale of cryptocurrency is subject to taxation under the general tax regime, as cryptocurrency is recognized as property in the Russian Federation. For individuals, such income is subject to personal income tax (PIT), whereas for legal entities it is subject to corporate profit tax. The tax base is calculated as the difference between the sale price and the acquisition cost, provided that documentary evidence of expenses is available. In the absence of such supporting documents, tax is payable on the full amount of income. Although the purchase or holding of cryptocurrency itself is not subject to taxation, income from its disposal (sale, exchange) constitutes a taxable event, and the taxpayer is obligated to independently declare and pay the tax due.