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AMB Crypto 2019-09-12 13:48:14

France announces crypto-to-crypto tax exemption; will tax gains for fiat conversion

French economy minister Bruno Le Maire stated that crypto-to-crypto trades will be tax-exempted. According to the report shared by Bloomberg, “France will tax cryptocurrency gains when they’re converted into “traditional” currency, but crypto-to-crypto transactions remain tax exempt.” Le Maire specifically mentioned that the right time to assess tax is “the moment the gains are converted […]The post France announces crypto-to-crypto tax exemption; will tax gains for fiat conversion appeared first on AMBCrypto.

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