#bitcointax — Public Fediverse posts

If unreported crypto gains are detected during tax assessments, authorities can impose a 60% tax on the undisclosed amount, accompanied by a 50% penalty on the tax due, effectively resulting in a 70% financial penalty.
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.#CryptoTax
#Budget2025
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#CryptocurrencyIndia
#TaxPenalty
#BitcoinTax
#CryptoInvestors
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🇫🇷France's Senate has passed a 2025 budget including a controversial tax on "unproductive wealth," specifically targeting unrealized gains on assets such as Bitcoin.

The tax's application to unrealized gains sets a dangerous precedent, impacting investment and innovation. The National Assembly will now vote on this concerning proposal.

#France #CryptoTax #BitcoinTax #Taxation #EconomicFreedom #PropertyRights