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French Lawmakers Move to Reduce Bitcoin Gains Tax From 36.2 to 30 Percent

From blokt.com

France, which has the potential to become Europe’s next crypto and blockchain hub, is now making moves to make the country more attractive to crypto investors. Lawmakers are now moving to bring down the current high capital gains tax rate for Bitcoin sales to a level on par with the tax rate for other non-real estate assets. Finance Commission Wants to Lower Bitcoin Tax On November 7, 2018, the Lower House of Parliament’s Finance Commission has already backed plans that would reduce the tax rate imposed on Bitcoin sales, according to a Reuters report. If the move succeeds, capital gains from Bitcoin sales will have ... (full story)

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