Legislation news: New rules for taxation of income from operations with tokens

Decree of the President of the Republic of Belarus No. 166 dated 23.04.2025 “On Taxation of income received from operations with digital signs (tokens)” improved the procedure for personal income tax on income received from operations with digital signs (tokens) (hereinafter -tokens). The tax base for such transactions in cases involving illegal or prohibited activities will be determined according to the new rules.

The key changes include:

– the establishment of the annual rate of return which is used to calculate the tax base on income received as a result of operations with tokens in the framework of illegal activities;

– the coefficient will be set annually by the Ministry of Taxes and Duties and published on the official website of the department;

– the calculation of the coefficient is based on data on the purchase and sale rates of tokens by operators of cryptoplatforms and (or) cryptocurrency exchange operators that are residents of the Hi-Tech Park.

You learn more about all the changes at the link.