The finance bill for 2019, adopted at first reading, provides for:
- the introduction of a suspension mechanism on trade;
- the application of flat tax to occasional gains from disposals (recorded in the event of fiat conversion or payment in cryptomones) made as from 1 January 2019;
- the creation of an annual allowance of €305.
On the other hand, gains realized before 2019 would remain subject to the capital gains tax on the sale of movable property.
In addition, the references of "digital asset accounts held with foreign institutions" would have to be declared as from 1 January 2020 (continuation of the logic that exists for bank accounts and life insurance contracts held abroad)