✉news BusinessFinance first seen 13 h ago, last 7 h ago, peak #13
French Committee Votes to Extend Exit Tax to Crypto
Original: French Finance Committee Votes to Extend Exit Tax to Crypto Holdings Above €800,000
France's Finance Committee has voted to extend the country's exit tax to cover cryptocurrency holdings valued above €800,000. The measure would mean wealthy individuals leaving France could face taxation on substantial crypto assets, aligning digital holdings with other forms of wealth already covered by the levy. The vote marks a significant step in France's effort to broaden tax rules to capture digital assets held by departing residents.
Why now: The committee vote is a concrete legislative step toward taxing large crypto holdings of people leaving France, drawing attention from investors and the crypto industry.
FranceFrench Finance Committeeexit taxcryptocurrency
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