Russia: Digital Ruble Regulation on Federal Law Amending the Tax Code of the Russian Federation (Bill No. 384598-8)
Progress
Current status
under deliberation
20 Sep 2023 under deliberation
Scope
Implementers
Russia
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Introduced Bill No. 384598-8 amending the Tax Code for the adoption of a Digital Ruble Account
On 20 September 2023, Bill No. 384598-8 was introduced to the Russian State Duma to amend the Tax Code of the Russian Federation. In particular, the amendment introduces the concept of a "digital ruble account" which will enable tax authorities to c…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament