What are the tax implications of cryptocurrency gains? Explained by CM-TAX in Lyon

Are you unsure about the tax implications of your cryptocurrency gains in France? CM-TAX, your trusted French tax expert in Lyon, has the answers.

Profits from cryptocurrency sales are subject to French income tax. Casual earnings face a flat 30% tax, while regular earnings fall under the progressive income tax scale (0-45%) plus social contributions.

Losses can only offset gains within the same year, without carry-forward.

Foreign digital asset accounts must be declared annually, or face a penalty of €750 per account (rising to €1,500 for balances over €50,000).

CM-TAX, a leading French tax law firm with English-speaking experts, offers comprehensive guidance on cryptocurrency taxation and French property law. Based in Lyon and Marseille, we serve clients nationwide.