Cryptorurement taxation: Switzerland – France, where is more favorable investment? AiOFM.Net

Crypturing tax regimes in France and Switzerland have great differences. If Switzerland is recognized by its favorable taxation of private investors, France applies stricter tax with a flat tax of 30% on capital adoption. Here is a detailed comparison of tax liabilities in these two countries.

Cryptoturrence in Switzerland: Mild taxation of private investors

There bitcoin-en-reserve-pas-question-tranche-la-banque-nationale-suisse/” target=”_blank” rel=”noreferrer noopener”>Swiss It is considered a tax refuge for investor investors. Capital gains from crypto trade are exempt from individuals for individuals, provided they were not classified as professional traders.

What taxes for crypto owners in Switzerland?

• Fortunately tax: Cryptos is considered taxable property for tax on wealth. The speed varies from 0.1% to 1%, depending on the cantons.
• Income tax: If cryptozoths are obtained by mining, introduction, borrowing, or yield, income taxes are subject to income tax, and rates up to 40% depending on the cantons.
• Professional traders: Those who make frequent transactions, use the impact of levers or generate the main revenue from trading imposes their earnings, with a rate of up to 40%.

Tax advantages in Switzerland

Cryptos tax in France: Strict taxation of capital gains

In Francesince 2019. Kriptoturny transactions are subject to a Specific tax regime. Any conversion of cryptos in euros is taxed, even if the investor does not remove money from his stock market.

How did kriptos in France taxed?

• APPLIAN Tax of 30%: capital gains that individual is subject to a single flat rate (PfU) of 30%, including 12.8% of taxes and 17.2% of social security contributions.
• Foreign Account Statement: French must declare their cryptous accounts that are held on foreign platforms via 3916 forms of fines of 750 to 1,500 euros per nermanized account.
• Professional investors: Those who perform a high frequency trade or use advanced tools can be overlayed under BNC (uncompension profit) or BIC (industrial and commercial profit), with a taxation of progressive volume up to 45%.

Possible exemption in France

• Capital gains are exempted if the total sales of Krypton does not exceed 305 euros per year.
• Crypto-crypto exchanges do not impose, only a passage in Fiat Eastern currency.
• Possibility of deciding for taxation on a progressive scale, interesting for low income.

Comparative table: Taxation of cryptos in Switzerland and France

Criteria	Swiss	France
Capital gain tax	0% for private investors	30% (flat tax)
Wealth	0.1% – 1% to Canton	None
Income tax	0% to 40% for cells / miner / benefits	A progressive scale or 30%
Professional traders	Up to 40% to the canton	Up to 45% (BIC / BNC)
Crypto-Cryptore Tax Transactions	Acquitted	Acquitted
Foreign Account Statement	Is not mandatory	Mandatory (fine up to 1,500 € / account)
Heritage tax / donation	0% to 36% to canton and users	Up to 60% depending on users
VAT on transactions	Acquitted	Acquitted

Which country choose to optimize your crypto taxation?

The choice between France and Switzerland depends on your activities in the crypture:

• If you are a private investor who buys and sells cryptors without intense trading, Switzerland is much more favorable, because you will not pay tax on your capital gain.
• If you bring income thanks to investment, mining or breeding mockery, you will be imposed in Switzerland as in France, but Switzerland offers more competitive rates to the canton.
• If you are a professional trader, Switzerland also imposes profit, but Taxation remains modular to cantons.

Regulations are developing rapidly and taxation Crypturing in Europe It could still change. But for now, Switzerland remains more attractive fiscally from France for crypto investors.

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Words and opinions expressed in this article, only their author engage and should not be considered investment advice. Complete your research before any investment decision.