{"id":52885,"date":"2021-11-15T12:53:53","date_gmt":"2021-11-15T10:53:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52885"},"modified":"2025-09-03T12:22:31","modified_gmt":"2025-09-03T09:22:31","slug":"ldpr-deputy-says-russian-miners-are-keen-to-pay-taxes","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ldpr-deputy-says-russian-miners-are-keen-to-pay-taxes\/","title":{"rendered":"LDPR deputy says Russian miners are keen to pay taxes"},"content":{"rendered":"

In 2021, Russia will mine bitcoins worth $2 billion, but in the absence of dedicated tax legislation the budget will not receive a single kopeck. This was reported by \u0441\u043e\u043e\u0431\u0449\u0430\u0435\u0442<\/a> REGNUM News Agency, citing a statement by LDPR faction deputy Andrey Lugovoy.<\/p>\n

According to him, 328 000 BTC are mined worldwide annually, and 35 000 BTC in Russia (more than $2.3 billion at the time of writing).<\/p>\n

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\u201cMiners annually enrich themselves by $2 billion at the expense of the population and do not pay taxes, although they very much want to do so,\u201d the parliamentarian said.<\/p>\n<\/blockquote>\n

He noted that mining profits are aided, among other things, by cheap electricity tariffs for the population.<\/p>\n

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\u201cIn Irkutsk Oblast, the lowest electricity tariff, individuals do not sign agreements with grid companies. And now imagine: our tariffs for the population are subsidised by the state, the budget, and industrial companies,\u201d the deputy said.<\/p>\n<\/blockquote>\n

Lugovoy describes it as \u00ab\u0443\u0436\u0430\u0441\u043d\u044b\u043c\u00bb<\/a> that mining is still not part of the All-Russian classifier of entrepreneurial activity.<\/p>\n

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\u201cThis is especially important when individual residents in apartments and garages attempt to produce it,\u201d<\/p>\n<\/blockquote>\n

The forthcoming tax bill, according to the lawmaker, is aimed at transparency of miners’ activities, protection of entrepreneurs and additional revenues to the budget.<\/p>\n

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\u201cWe believe that we are creating a grey zone that yields a number of unpleasant consequences for the state, so we must decide. Either we prohibit it, or we move toward some regulation,\u201d Lugovoy said.<\/p>\n<\/blockquote>\n

He added that deputies are considering both a separate normative act on mining taxation and amendments to the law \u201cOn Digital Financial Assets.\u201d<\/p>\n

Earlier the LDPR faction announced the drafting of a law regulating cryptocurrency mining<\/a>.<\/p>\n

As reported in November, representatives of several Russian ministries supported the initiative to recognise mining as a form of entrepreneurial activity<\/a>.<\/p>\n

Mining is not currently prohibited in Russia, but its regulation has not been codified.<\/p>\n

Follow ForkLog’s bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2021, Russia will mine bitcoins worth $2 billion, but without a dedicated tax framework the budget will not receive a kopeck. This was stated by LDPR deputy Andrey Lugovoy.<\/p>\n","protected":false},"author":1,"featured_media":52886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1451,1137,1138,27],"class_list":["post-52885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-regulation-in-russia","tag-cryptocurrency-mining","tag-opinions","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52885"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52885\/revisions"}],"predecessor-version":[{"id":52887,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52885\/revisions\/52887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52886"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}