𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐫𝐲𝐩𝐭𝐨 𝐢𝐧 𝐅𝐫𝐚𝐧𝐜𝐞🚀

🔥Here are discussions about how crypto is taxed in France.

💲𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐆𝐚𝐢𝐧𝐬 𝐓𝐚𝐱:

In France, cryptocurrencies are considered assets, and any gains made from trading or selling crypto are subject to capital gains tax.

Short-term capital gains (gains made from assets held for less than one year) are taxed at a flat rate of 30%, which includes 12.8% income tax and 17.2% social contributions.

Long-term holdings may still be taxed at the same flat rate if the sale is not considered a professional activity.

📈𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱:

If you are a professional trader or if your crypto activity constitutes a business (e.g., you earn income through mining, staking, or providing crypto services), you may be subject to income tax.

This means that profits derived from your crypto activities are taxed at the standard income tax rates, which range from 0% to 45%, depending on your income level.

📉𝐂𝐫𝐲𝐩𝐭𝐨 𝐌𝐢𝐧𝐢𝐧𝐠:

Crypto mining is considered a professional activity in France, and the resulting income is taxed as business income. Therefore, the tax rates for mining are more aligned with business taxation, which could mean paying higher taxes than the standard capital gains rate.

🚫𝐕𝐀𝐓 (𝐕𝐚𝐥𝐮𝐞-𝐀𝐝𝐝𝐞𝐝 𝐓𝐚𝐱):

Cryptocurrencies are exempt from VAT in France. This means you do not pay VAT when buying or selling cryptocurrencies or when exchanging them for goods or services.

🛑𝐒𝐭𝐚𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐀𝐢𝐫𝐝𝐫𝐨𝐩𝐬:

Staking rewards and airdrops are treated as income, and they are subject to the same tax rates as other forms of income. The rewards are taxed at 30% if they are received by individuals who are not considered professionals.