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France proposes exit tax on crypto holders moving abroad with €800K

France proposes exit tax on crypto holders moving abroad with €800K

Photo: Crypto Briefing

French lawmakers advanced amendments that would tax large crypto portfolios at the border and treat stablecoin swaps as taxable sales from 2027 France wants a word with its wealthiest crypto holders before they pack their bags. The National Assembly’s Finance Committee has approved amendments to the 2027 budget bill. They would extend the country’s exit tax to households holding more than €800,000 in crypto who relocate abroad. A second change would treat crypto-to-stablecoin swaps as taxable sales. Both measures are slated to take effect on January 1, 2027, if they survive the legislative process. That “if” matters.

Source: Crypto Briefing

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