France to Reduce Bitcoin Capital Gains Tax From 45% to 19%

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TheMerkle Bitcoin Taxes TipsCapital gains taxes and cryptocurrency have always been an odd couple. Although a lot of people see the merit in proper taxation guidelines for cryptocurrency, things are never as clear-cut as they might appear. In France, a new proposal has been introduced to reduce the capital gains tax on Bitcoin from 45% to 19%. It’s a positive development, as a lower flat rate simply makes a lot more sense. France Reduces Bitcoin Capital Gains Tax by 60% Anyone who currently deals with Bitcoin for speculative or professional reasons in France will pay a capital gains tax on their profits. That’s been the situation

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