Crypto Taxes in France: The Complete Guide
How cryptocurrency is taxed in France: the flat tax, capital gains, and what you must declare.
How crypto is taxed in France
In France, capital gains from selling crypto are taxed. Occasional trading is taxed as capital gains, while frequent trading can be taxed as business income.
The standard flat tax (PFU) is 30%, which includes income tax and social contributions.
What you must declare
You must declare your crypto accounts held abroad and report gains from sales in your annual tax return.
Crypto-to-crypto trades are also taxable events in France.
Tips to stay compliant
Keep detailed records of every transaction, including dates, amounts, and prices.
Consider using crypto tax software to calculate your gains automatically.
FAQ
What is the tax rate on crypto in France?
The flat tax is 30% on capital gains for occasional investors.
Do I pay tax on crypto-to-crypto trades?
Yes, crypto-to-crypto trades are taxable events in France.
Are crypto losses deductible?
Capital losses can be offset against capital gains of the same type in certain cases.