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France Proposes €800,000 Crypto Exit Tax, Measures Face Uncertain Path After Budget Rejection

France Proposes €800,000 Crypto Exit Tax, Measures Face Uncertain Path After Budget Rejection

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France’s National Assembly finance committee adopted two crypto tax amendments this week, then voted down the budget section they were attached to — leaving their path into law unsettled. The committee backed a new exit tax on crypto holdings above €800,000 and an end to the tax deferral on crypto-to-stablecoin conversions, according to the amendment record published by the Assemblée nationale. On October 9, the same committee rejected the revenue portion of the 2027 finance bill, so the measures now have to be reintroduced when the full chamber debates the budget from October 13.

The exit tax amendment, I-CF1822, was filed by lawmaker Nicolas Sansu and adopted on October 8. It would extend France’s existing departure tax —…

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