4

On the site 5euros (the French equivalent of Fiverr), you can use the money earned through microservices by withdrawing it to your bank account, or by spending it on the site in order to buy services from other users.

In the second case, is there anything to declare to the taxes?

Improve this question
8
  • 1
    Don’t know about France, but in the U.K. HMRC doesn’t want to be bothered with some small amounts, so that would be something to check.
    – gnasher729
    Oct 3, 2020 at 19:32
  • Well you earned the money and then spent it, didn't you?
    – user253751
    Oct 9, 2020 at 11:38
  • @user253751: Did he? Crucially, is it money before it's withdrawn?
    – MSalters
    Oct 9, 2020 at 23:12
  • @MSalters If I receive a transfer to my bank account and then send it to someone else, is it not money?
    – user253751
    Oct 10, 2020 at 10:43
  • But they were only credits on the site, it was never converted to legal tender.
    – Gabriel Fair
    Oct 12, 2020 at 1:20

1 Answer 1

Reset to default
4
+50

In the second case, is there anything to declare to the taxes?

Yes, just like in the scenario of depositing in your bank account. Otherwise it would be easy for everybody to avoid the heavy tax burden by bartering or transacting without the use of official currency.

The Code général des impôts in its Article 13 includes in the concept of bénéfice ou revenu imposable the market value of profits and benefits in kind ("y compris la valeur des profits et avantages en nature").

Improve this answer
2
  • But if this reasoning was valid, shouldn't we also declare the currency in video games for example?
    – Laravel
    Oct 13, 2020 at 12:41
  • 1
    @Blincer "shouldn't we also declare the currency in video games for example?" Strictly speaking, once you "spend[] it on the site in order to buy services from other users" it becomes taxable because you are obtaining benefits in kind. There are elsewhere court decisions in that direction, and in France akin rulings would be perfectly premised on the code général des impôts. That said, currency in a video game would not be taxable if is not susceptible to commercialization.
    – Iñaki Viggers
    Oct 13, 2020 at 13:23

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.