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France Moves to Tax Crypto Holders Before They Sell
Original: France Wants to Tax Crypto Holders Before They Sell
France is weighing a proposal to tax cryptocurrency holders on their holdings before any assets are sold, according to Yahoo Finance reporting. If adopted, the measure would mark a shift from taxing realized gains to taxing unrealized crypto wealth, putting France among the more aggressive regulators of digital assets and raising questions about how holdings would be valued.
Why now: A proposed tax on unsold crypto assets would be an unusual and controversial expansion of taxation, drawing attention from investors and policymakers.
Evidence
- France Wants to Tax Crypto Holders Before They Sell · Yahoo Finance
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