Ministry of Finance of the Russian Federation in its letter No. 03-04-07 / 33234, dated May 17, 2018 clarifies that the income from operations with crypto currency is subject to personal income tax.
Taking into account the fact that currently the legal status of crypto currency is not defined by the Russian legislation, the Ministry considered that before the legislative settlement of questions with the taxation of crypto currencies, taxpayers should include incomes received from the sale and purchase of crypto-currencies in their personal income tax base.
Furthermore, a tax base with respect to the incomes derived from the sale and purchase of crypto-currencies should be determined as excess of the total amount of income received from the sale of the crypto-currency in the relevant tax period over the total amount of documented expenses for its acquisition.