France’s National Assembly Finance Committee has approved amendments to the 2027 budget bill introducing an exit tax for households holding more than 800,000 euros in crypto assets when transferring tax residence abroad. The amendments would also treat crypto-to-regulated stablecoin swaps as taxable sales starting January 1, 2027. Crypto-to-crypto swaps without cash components remain exempt from taxation. Since the budget’s revenue section was rejected on October 9, 2026, these amendments must be reintroduced on the Assembly floor before the vote scheduled for October 20, 2026. A related provision would allow investors to carry forward realized crypto losses for up to 10 years.
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
