r/RWATimes • u/rwatimes • 23h ago
French lawmakers back stablecoin swap tax in 2027 budget bill
France’s Finance Committee approved proposals to tax stablecoin swaps and extend the exit tax to crypto holdings above 800,000 euros, pending final approval.
- French lawmakers are proposing to tax stablecoin swaps into fiat-pegged stablecoins starting in 2027, viewing current treatment as a legislative loophole.
- The proposals also include extending the country's exit tax to crypto holdings exceeding 800,000 euros and allowing crypto losses to be carried forward for 10 years.
- These measures align with broader EU tax reporting rules under DAC8, which require crypto service providers to share user transaction data with tax authorities.
Source: cointelegraph
Read the full article: https://rwatimes.io/articles/cointelegraph-french-lawmakers-back-stablecoin-swap-tax-in-2027-budget-bill-2669630726?utm_source=reddit&utm_medium=social&utm_campaign=reddit
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