Cryptocurrency traders in France will be relieved of heavy tax as the government is taken steps that will induce a lower tax rate. The French Council of State announced on Thursday that profits arising from cryptocurrency sales should be considered as capital gains of movable property. a decision that will see the current tax rate drop significantly.
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https://news.bitzamp.com/france-to-introduce-lower-tax-rates-for-cryptocurrency-traders/That is actually a good news for traders and all the people who are doing different services for bitcoin . But I don't think that things can be this straight for the people . Government definitely has a twisted plan and that will be revealed soon . Government is never at loss and tries best to get profit out of everything . Bitcoin and other crypto currencies are a big way of getting some profits and they might be thinking of putting some other sorts of barriers for sure.