Post
Topic
Board Legal
Re: France to Introduce Lower Tax Rates for Cryptocurrency Transactions
by
Harlot
on 29/04/2018, 11:21:11 UTC
Better late than never. The classifying cryptocurrecy transactions as income tax is one of the most dumb misconceptions in cryptocurrency trading. They should based a similar structure on what taxes they are putting on stock exchange transactions. A flat rate of 19% compared to a 45% tax rate per transaction is better and we might see some more trading action coming from a developed country. Which means a better or higher price movement overall in the market. But let us not expect that this good news will have an instant effect in the market.