Russia’s State Duma has approved in the first reading a bill aligning the Tax Code with proposed legislation governing digital currencies and digital rights, including VAT exemptions for digital asset infrastructure and clarifications on the taxation of digital currency, foreign digital rights and debt-based Digital Financial Assets (DFAs).
Russia’s State Duma, in the first reading, has approved a draft law designed to align the provisions of the Tax Code with separate legislation establishing a comprehensive framework for the regulation of the organisation and circulation of digital currencies and digital rights.
The bill, approved on 9 June 2026, seeks to create clear and favourable conditions for bona fide investment while supporting the development of a regulated digital asset market in Russia.
Among the key measures proposed is a VAT exemption for essential market infrastructure. The exemption will apply to services provided by digital depositories and organisations engaged in the exchange of digital currency. The draft law also proposes VAT exemptions for transactions involving the sale of non-deliverable foreign digital rights that exclusively certify monetary claims.
In relation to personal income tax (PIT) and corporate income tax, the legislation will clarify the taxation of income and expenses arising from transactions involving digital currency, foreign digital rights, and debt-based Digital Financial Assets (DFAs), including those traded on Russian stock exchanges.
The proposed amendments form part of the next stage in the establishment of a comprehensive legal framework for digital assets in Russia. According to the explanatory materials, regulation of the sector is intended to support broader efforts to bring certain segments of the economy into the formal sector.
The measures are expected to improve market transparency, protect the rights of market participants, establish an appropriate level of transaction security, increase investor interest in the sector, and strengthen Russia’s position in the development of the digital economy.
The draft law will proceed through the legislative process following its approval in the first reading by the State Duma.
This announcement was made on 10 June 2026.
