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French Assembly Backs Reporting Rule for Self-Custodied Crypto Above €100,000

French Assembly Backs Reporting Rule for Self-Custodied Crypto Above €100,000

Photo: TokenPost

France’s National Assembly approved an amendment Tuesday, Nov. 3, that would require taxpayers to report combined self-custodied crypto holdings worth at least €100,000 ($112,000), adding the proposed disclosure rule to the country’s 2027 Finance Bill. The measure passed 150-44, with eight lawmakers abstaining. The threshold would be based on the combined holdings’ value on Dec. 31 of the relevant tax year. The rule would take effect only if it remains in the bill’s final version. The floor vote followed the proposal’s earlier committee-stage approval .

Source: TokenPost

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