PARIS (Reuters) - The finance commission in France's lower house of parliament backed plans on Wednesday to ease tax on bitcoin sales, bringing it in line with other capital gains tax.
Currently bitcoin gains are taxed at a rate of 36.2 percent while other forms of capital gains on other non-real estate assets are taxed at a flat 30 percent.
The finance commission adopted an amendment to the 2019 budget bill that would subject sales of crypto-assets like bitcoin to the 30-percent flat rate as well.
The amendment must be approved in the final version of the budget bill by the broader parliament in order to become law.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.