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#crypto exit tax

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Proposed French Tax on Regulated Stablecoins Risks Driving Crypto Traders Offshore
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Proposed French Tax on Regulated Stablecoins Risks Driving Crypto Traders Offshore

Key Highlights: France’s finance committee has backed legislative amendments including mandatory reporting for self-hosted crypto wallets holding at least €100,000 and the expansion of the national exit tax to crypto portfolios worth around $900,000. Francois Volpoet, Chainalysis’ CEO for France, cautioned that aggressive measures could backfire by driving activity into decentralized finance and flagged severe ...

French Lawmakers Back Reporting Rule for Crypto Wallets Over $112K
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French Lawmakers Back Reporting Rule for Crypto Wallets Over $112K

Key Highlights: French lawmakers introduced a series of crypto-focused tax amendments aiming to curb evasion, citing a massive gap between realized crypto gains and declared assets in 2021. Proposals include mandatory wallet disclosure, an exit tax on digital asset holdings over €800,000, and ending tax deferrals on fiat-backed stablecoin conversions. Despite approval in the Finance ...