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/This shows that France as one of the most powerful nations in talking of fire power and economy is very transparent to their people. Bitcoin taxation is one of the reason that why is the people are afraid of regulation and now France move have shown that Bitcoin regulation will benefit equally both the people and the government. Like the other nations like Germany and Japan we just hope that our government will also to consider to follow this move.