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The Russian Government Legislative Activity Committee has approved the Ministry of Finance's proposal to levy personal income tax on income from digital currency transactions, including cryptocurrency exchange trades. The draft suggests calculating costs using the FIFO (First-In, First-Out) method and prohibits carrying forward digital currency trading losses to future tax periods for deduction; at the same time, it proposes exempting digital custody institutions, crypto exchange services, and certain foreign digital rights transactions without physical delivery from value-added tax. (Bits Media)