French Lawmakers Back Stablecoin Swap Tax by Just One Vote
2 outlets · first seen 7d ago · latest 5d ago
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Decryptfirst seen
French Lawmakers Back Stablecoin Swap Tax by Just One Vote
The amendment would make swapping crypto into euro or dollar stablecoins taxable in France from 2027, with gains measured coin by coin.
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Crypto Daily™
France Backs Proposal to Tax Crypto-to-Stablecoin Swaps at 31.4% From 2027
France’s National Assembly has backed a measure that would bring certain crypto-to-stablecoin swaps into the country’s capital-gains tax regime from January 1, 2027. The margin was 38 votes to 37, however, and amendment I-3898 remains part of an unfinished budget process rather than final law. The proposed rate is not new. Private investors already face France’s 31.4% flat tax on…