Mazda3 Posted November 16, 2018 #1 Posted November 16, 2018 The French authorities, who recently approved the regulation of the primary coin offerings (ICO) at the legislative level, thought about the taxation of this industry. About this in the comments Reuters reported the auditor of the working group on the legalization of ICO in France Fabrice Evrar. The French authorities have not yet named specific tax rates for ICO, but experts note that in itself attracting investments through the release of digital tokens should be subject to VAT at a rate of 20%. In turn, representatives of the local blockchain community hope that taxation of cryptocurrency projects will be preferential. “The cryptocurrency community is willing to pay taxes, unless they are confiscatory,” emphasizes Fabrice Evrar. It is expected that the rules of regulation of cryptocurrency will be presented by the French government in early 2019. A source: https://www.reuters.com/article/us-france-cryptocurrency-regulations/france-hopes-to-lure-crypto-issuers-with-gallic-stamp-of-approval-idUSKCN1NK1ZQ?feedType=RSS&feedName=technologyNews
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