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French Finance Committee Votes to Extend Exit Tax to Crypto Holdings Above €800,000

French Finance Committee Votes to Extend Exit Tax to Crypto Holdings Above €800,000

France’s National Assembly finance committee adopted an amendment to the 2027 budget bill on October 8 that would bring crypto-assets within the country’s exit tax, a charge on unrealized gains levied when a resident moves his tax residence abroad. It would apply to households holding crypto-assets worth more than €800,000 (approximately US$896,000), for departures from January 1, 2027.

The amendment has yet to clear the Assembly. Under Article 42 of the Constitution, the full chamber debates a finance bill in the form the government submitted it, so amendments adopted in committee have to be voted on again on the floor.

The committee also rejected the first part of the bill, which covers revenue, as a whole on October 9, by…

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