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Taxes · FRA

Taxes in France

France taxes individual crypto capital gains at a flat 30% rate (PFU), combining 12.8% income tax and 17.2% social contributions, with a 305 EUR annual household exemption. Mining and staking rewards are treated as ordinary income under BNC rules at progressive rates. Taxpayers may elect to use the progressive income tax scale instead of the flat rate if it produces a lower overall liability.

Income tax

Crypto received from mining or staking is taxed as non-commercial profits (BNC) at progressive income tax rates plus 17.2% social contributions, assessed at fair market value upon receipt. Subsequent disposal of those assets is then subject to the 30% PFU on any further gain.

VAT / GST

Exempt. The Court of Justice of the EU ruled that Bitcoin exchange transactions are VAT-exempt under Article 135(1)(e) of the VAT Directive. France applies this exemption; individual buying and selling of crypto is not subject to VAT.

Capital gains

Flat tax (Prélèvement Forfaitaire Unique, PFU) of 30% applies to capital gains from crypto disposals (12.8% income tax plus 17.2% social contributions). Taxpayers may opt for the progressive income tax scale if more favorable. Annual exemption threshold of 305 EUR per household.

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Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap