France’s BOFiP Digital Asset Capital Gains Guidance is the official French tax-administration commentary on the capital-gains regime for individuals who dispose of digital assets on an occasional basis. The profile should be treated as an in-force French tax-guidance entry because BOFiP lists BOI-RPPM-PVBMC-30 as the current title for occasional digital-asset disposals and states that it covers scope, taxable base, taxation method and reporting obligations under Article 150 VH bis of the French General Tax Code.
The underlying statutory regime applies to covered disposals made from Jan. 1, 2019. BOFiP’s current overview was republished on Apr. 23, 2024, and the scope and taxable-base chapters remain shown as in force from Sept. 2, 2019. A 2026 editorial caveat is important: BOFiP’s rate section still presents the social-levy component as 17.2%, while the public impots.gouv.fr FAQ modified on Mar. 20, 2026 states a 31.4% PFU for private-wealth disposals, reflecting 12.8% income tax plus 18.6% social contributions.
What the BOFiP guidance covers
The BOFiP series is organized into three practical chapters. BOI-RPPM-PVBMC-30-10 addresses the scope of the regime, BOI-RPPM-PVBMC-30-20 explains the taxable base and gain calculation, and BOI-RPPM-PVBMC-30-30 covers taxation, forms and payment obligations. The guidance is aimed at occasional disposals by natural persons, directly or through an interposed entity, rather than business or professional trading activity.
Scope and taxable events
BOFiP treats taxable disposals as transfers for value of digital assets or related rights. The listed taxable consideration includes legal tender, a non-digital-asset good, an exchange with a cash adjustment, or a service. The guidance states that the private-wealth regime applies only to natural persons acting occasionally; habitual purchase-resale activity and certain mining-related gains are directed to business-income categories instead.
A key distinction is the treatment of crypto-to-crypto exchanges without a cash adjustment. BOFiP states that these exchanges benefit from a deferral and do not constitute a taxable event at that point. Conversely, an exchange with a cash adjustment is treated as taxable. The guidance also includes a small-disposal exemption where the total taxable disposal prices for the household do not exceed €305 during the tax year, excluding transactions benefiting from deferral.
Capital gain calculation and yearly netting
The taxable-base chapter uses a portfolio-based formula rather than a simple asset-by-asset cost-basis approach. BOFiP states that the gross gain or loss equals the sale price minus the product of the total acquisition price of the digital-asset portfolio and the ratio of the sale price to the global portfolio value. Amounts denominated outside the euro must be converted into euros at the exchange rate on the date of each transaction.
Annual netting is limited. Gross losses from digital-asset disposals may be offset only against gross gains of the same nature in the same tax year. A net annual loss cannot be carried forward and cannot be offset against gains from assets of another nature.
Rate, option and reporting
BOFiP’s 2024 rate section states that gains within Article 150 VH bis are taxed at 12.8% income tax and social levies, and that for disposals from Jan. 1, 2023 taxpayers may make an express, irrevocable global option for progressive income-tax treatment under Article 200 C. For current publication, editors should pair that BOFiP text with the 2026 impots.gouv.fr FAQ showing the current 31.4% PFU for private-wealth disposals.
Reporting is handled through the annual income-tax process. BOFiP says taxpayers report the annual net gain or loss on Form 2042-C and attach an administration-model annex detailing each taxable disposal or the prices of exempt disposals. The current impots FAQ identifies Form 2086 for online reporting and states that amounts flow to boxes 3AN or 3BN. It also flags Form 3916-3916bis for foreign digital-asset accounts.
Status and editorial treatment
As of July 6, 2026, this profile should remain categorized as in force, but with an editorial note that the statutory vocabulary now appears in Légifrance under “crypto-assets” from July 1, 2026 while BOFiP’s title still uses “actifs numériques.” The post should avoid advising taxpayers and should frame the guidance as an official interpretive source for France’s individual digital-asset capital-gains regime.