🇫🇷 FRANCE MOVES TO TAX BITCOIN-TO-STABLECOIN SWAPS AND CITIZENS LEAVING THE COUNTRY WITH BTC
France’s National Assembly Finance Committee approved proposals to:
- Tax Bitcoin-to-stablecoin swaps at up to 31.4%, even without converting to fiat.
- Impose an exit tax on unrealized crypto gains for residents moving abroad with holdings exceeding €800,000.
The proposals are NOT yet law.
The committee’s amendments were dropped after it rejected the budget’s revenue section and must be reintroduced during the full Assembly debate.
If enacted, the new rules would take effect January 1, 2027.