French Lawmakers to Lower Cryptocurrency Tax by 6 Percent16.94

French lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36.2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent.

Also Read: Survey: South Africans Turn to Crypto as Hedge Against Volatility of the Rand

Original source
https://news.bitcoin.com/french-lawmakers-to-lower-cryptocurrency-tax-by-6-percent/

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