🔍💸 The court ruled: transactions with crypto through cards are a business!
$BTC $ETH $SOL
The Arbitration Court of Rostov put a bold period: mass trading of crypto through personal cards = entrepreneurship.
💼 One individual entrepreneur 'turned over' 143 million rubles through P2P, bought crypto abroad, sold in Russia — and received back taxes under the simplified taxation system.
What this means for all of us:
⚠️ If you systematically earn from crypto — even through personal cards — the tax authorities may recognize it as a business.
📄 Personal income tax won't save you here — you need a simplified taxation system, registration as an individual entrepreneur, and accounting.
👥 Using 'drops'? They may call both you and them.
This is not a new norm — this is the first bell of practice, especially for active P2P users.
The court made it clear: 'If you take risks and earn systematically — play by the rules of business.'
📌 Subscribe to not miss other ⚖️ important crypto insights!
*Not a financial recommendation!
#NEWTBinanceHODLer #BTC #bitcoin #Binance #MarketRebound
$BTC $ETH $SOL
The Arbitration Court of Rostov put a bold period: mass trading of crypto through personal cards = entrepreneurship.
💼 One individual entrepreneur 'turned over' 143 million rubles through P2P, bought crypto abroad, sold in Russia — and received back taxes under the simplified taxation system.
What this means for all of us:
⚠️ If you systematically earn from crypto — even through personal cards — the tax authorities may recognize it as a business.
📄 Personal income tax won't save you here — you need a simplified taxation system, registration as an individual entrepreneur, and accounting.
👥 Using 'drops'? They may call both you and them.
This is not a new norm — this is the first bell of practice, especially for active P2P users.
The court made it clear: 'If you take risks and earn systematically — play by the rules of business.'
📌 Subscribe to not miss other ⚖️ important crypto insights!
*Not a financial recommendation!
#NEWTBinanceHODLer #BTC #bitcoin #Binance #MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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