Taxes · 🇫🇷 France
Crypto and tokenized asset taxes in France
Crypto sold for euros or goods is taxed at a 31.4% flat tax; crypto-to-crypto swaps are not taxed, and years with total sales of €305 or less are exempt.
Also in: fr
Crypto
Gains
31.4% flat tax (12.8% income tax + 18.6% social levies); option for the progressive scale
Tax-free allowance
Exempt if total sale proceeds in the year are €305 or less
Losses
Losses offset only crypto gains of the same year; no offset against other assets and no carry-forward.
Also
Swaps between crypto assets are not taxed (deferral). The rate rose from 30% to 31.4% after the CSG increase in the LFSS 2026; reports say it already applies to 2025 gains declared in 2026. Habitual, professional-style trading is taxed as business income (BIC/BNC).
Income and tokenized assets
Staking, lending, yield
Impots.gouv states that mining and staking income is taxed as non-commercial profits (BNC). No consolidated official doctrine was found for lending, DeFi yield or airdrops.
Tokenized stocks, bonds, funds
French securities recorded on a blockchain (DEEP) are financial instruments with the same legal effect as securities accounts, so they are taxed as securities: 31.4% flat tax on gains and dividends, and losses can offset other securities gains and be carried forward 10 years. Tokens that are financial instruments are carved out of the crypto rules. For foreign tracker certificates like xStocks: no specific guidance.
Tokenized gold
No specific guidance on PAXG/XAUT.
Filing
Tax year
Calendar year; return due in late May / early June of the following year (date depends on département)
Reporting
Report the net gain or loss on annex 2086 (boxes 3AN/3BN of form 2042 C). Every account on a foreign crypto platform must be declared each year (form 3916-bis), even without sales. DAC8 platform reporting applies from 2026.
Watch out
- Each sale is taxed using a whole-portfolio formula, not per coin — keep the total purchase cost.
- Foreign platform accounts must be declared even if closed or unused; fines apply.
- Crypto losses expire at year end, unlike stock losses.
- Choosing the progressive scale for crypto (box 3CN) is a separate, irrevocable choice.
Sources
- impots.gouv: declaring gains on digital assets · impots.gouv.fr
- MoneyVox: CSG increase to 10.6% and 2025 income · moneyvox.fr
- AMF: blockchain market infrastructures · amf-france.org
- Gide: blockchain for financial securities · gide.com
- Banque de France: token carve-out for financial instruments · banque-france.fr
Not confirmed
- Correction to existing summary: staking is NOT without official position — impots.gouv says mining and staking income is BNC.
- Tax treatment of foreign tracker certificates (xStocks, Ondo) — no specific guidance.
- Lending, DeFi yield, airdrops — no consolidated DGFiP doctrine found.
- Some sources say the 31.4% applies only from 2026 income; MoneyVox says from 2025 income.
- France's DAC8 transposition law name and first reporting deadline not confirmed.
Researched 2026-11-01 for private individuals resident in France. Information, not tax advice — rules change; check the tax authority before you file.