The Finance Law of 2019 provided relief for individuals who buy and sell cryptocurrencies as they are only subject to a flat rate of 30% on their gains. 

Finance Law (2019)

After July 11, 2014, those trading bitcoins on a regular basis were subject to tax on commercial and industrial profits. Occasional trading was still subject to income tax, meaning that some individuals had to pay more than 60% tax on their transactions.

Taxes on transactions in bitcoins

On April 6, 2018, the State Council ruled that the taxpayer only had to pay a flat rate
of 36.2% on occasional operations in bitcoin. In addition, the law provided for a total tax exemption if the resale value did not exceed 5,000 euros.

Occasional operations in bitcoin

- Finance Law (2019)
- Taxes on transactions in bitcoins
- Occasional operations in bitcoin

University of Minnesota - Twin Cities

- Accounting rules for tokens
- Tax treatment of digital assets

Accounting and tax treatment of cryptocurrencies

Barsan, Iris M., Regulating the Crypto World - New Developments from France (December 22, 2019). RTDF 4/2019, pp. 9-30, Available at SSRN: https://ssrn.com/abstract=3484391 or http://dx.doi.org/10.2139/ssrn.3484391

Regulating the Crypto World - New Developments from France

The Accounting Standards Authority (ANC) introduced accounting rules for token issuers and subscribers on December 10, 2018.

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