France Considers a Flat Capital Gains Tax for Bitcoin18.47

The finance commission in France’s lower house of parliament has reportedly backed plans to decrease taxes on bitcoin sales, putting it on the same level as the standard capital gains tax.

Reuters reports that the finance commission in the lower house of the French parliament has backed plans to ease taxation on bitcoin gains to flat 30 percent. At the current moment, bitcoin gains are reportedly taxed at 36.2 percent rate.

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