RE: France Slashes Tax Rate on Cryptocurrency Sales from 45% to 19%

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France Slashes Tax Rate on Cryptocurrency Sales from 45% to 19%

in crypto •  7 years ago 

Yes but sadly it applies only for casual buyers... And to that you need to add 15,5% of social contributions. So total taxes are 40%.

And for professionals, traders or more frequent buyers, it is still up to 45%.

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:( thats sad... and it seems that in general, governments dont want new wealthy people....