French lawmakers back stablecoin swap tax in 2027 budget bill
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France’s Finance Committee backed a 2027 budget measure that would tax swaps between Bitcoin and stablecoins, and it also backed taxing unrealized crypto gains for households worth more than 800,000 euros when they move abroad. The move places a new tax proposal inside the budget process, with the details still at the committee stage.
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Crypto users in France would notice the proposal because it targets swaps between Bitcoin and stablecoins inside the 2027 budget bill. Households with more than 800,000 euros in assets would also be affected when they move abroad, since unrealized crypto gains are part of the committee-backed text.
In practice, a swap between Bitcoin and stablecoins would move from being outside this proposed tax treatment to being inside it if the bill advances. What stays unchanged from the information here is that the measure is still a committee-backed proposal within the budget process, not a completed nationwide rule. (per cryptobriefing.com)
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