French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
The French Senate adopted a bill to allow tax authorities to automatically exchange crypto transaction data with their foreign counterparts.
The bill passed its first reading on Tuesday and was then transmitted to the National Assembly as Bill no. 3421 for consideration.
French lawmakers are also debating crypto tax changes in the 2027 budget. The National Assembly adopted an amendment on Oct. 16 that would make gains from conversions into certain fiat-pegged stablecoins taxable from Jan. 1, 2027. The measure is not law yet.