Clarification and systematization of tax accounting rules for foreign currency purchase and sale transactions during import and export operations

There is significant uncertainty in the Tax Code regarding the tax accounting of foreign currency purchase and sale (exchange) transactions. Responsible authorities do not provide clear guidelines on how to calculate the income and expenses from these transactions, which creates an increase in the tax burden and legal uncertainty. The Tax Code lacks a methodology for calculating and documenting expenses related to foreign currency exchange transactions.

It is proposed to clarify and systematize the tax accounting rules for foreign currency purchase and sale transactions.