France’s National Assembly Finance Committee adopted an amendment taxing crypto-to-stablecoin swaps under MiCA regulation as taxable sales from January 1, 2027. It also approved extending the exit tax to crypto holdings exceeding 800,000 euros per household, also effective January 1, 2027. A third amendment would allow investors to carry forward crypto losses for 10 years. However, the committee rejected the budget’s revenue section on October 9 by 31 votes to 3, resetting the debate to the government’s original text. Proponents will need to resubmit their amendments when the floor debate begins on October 13, with a final vote scheduled for October 20.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
