In early November, the national parliament of France received proposed changes to a finance bill that was meant to lower the tax charged on crypto gains. However,the proposed changes have been rejected leaving the cryptocurrency traders in France with a tax on their gains of approximately 36.2 percent. If the amendments were to be adopted, the tax on crypto gains would have been reduced by around six percent. The proposed changes sought to have crypto gains taxed under the same rules as securities. Additionally,changes on tax on crypto losses were…
France refuses to cut tax on crypto gains
