In Russia, a legislative framework for debt digital financial assets (DFA) has already been established, and now the government faces the next important question—how exactly to tax them.
The Ministry of Finance is preparing to bring this topic to discussion with the regions, as possible changes will affect the profit tax and influence the distribution of budget revenues.
What are digital financial assets: a complete guide and answers to questions
The Ministry of Finance is moving on to the topic of taxation of debt digital financial assets
Deputy Minister of Finance Alexey Sazanov explained that it became possible to discuss the tax regime for debt digital financial assets only after their concept was officially enshrined in industry legislation and key characteristics were defined. Now the Ministry of Finance can proceed to prepare amendments to the Tax Code.
However, this issue cannot be resolved solely at the federal level. Since it involves profit tax, part of this income belongs to the regions, so it is important to consider the position of the subjects of the Russian Federation. That is why the Ministry of Finance intends to discuss future tax rules with regional authorities.
How debt digital financial assets are structured and why the tax issue is so important
Earlier, the State Duma passed a law that defined that debt digital financial assets confirm a monetary claim for the amount of their placement along with interest. Payment is only possible in cash, and issuance occurs after full payment. Essentially, this is a digital analog of debt instruments, similar to bonds, but issued and traded through digital financial asset platforms with simplified documentation and digital mechanisms.
At the same time, the current tax regime for such instruments is less favorable than for classical bonds. The issuance of digital assets is simpler and faster, but taxation remains a limiting factor for the market. The Ministry of Finance and the Bank of Russia support the idea of leveling the conditions for debt digital financial assets and bonds.
Work on the tax regulation of this segment is included in the overall government plan for the 'whitening' of the economy. By the president's order, the preparation of legislative changes has been postponed to early 2026. Draft laws must be submitted to the government by the end of January and then sent to the State Duma by March 1.
Thus, debt digital financial assets have already received a legal basis, and now the key task is to create clear and fair tax rules that will allow the market to develop while maintaining a balance of interests between the federal center and the regions.
Recall that earlier BeInCrypto's editorial team discussed with an expert the real situation of digital financial assets and the problems that the instrument has faced amid attempts to popularize it.
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