French lawmakers are pushing for a crypto asset exit tax, with a maximum fine of €10,000 for undeclared self-custody wallets.
The French National Assembly’s Finance Committee passed multiple cryptocurrency tax amendments last week, proposing to include crypto assets in the scope of exit tax starting in 2027, and impose a maximum €10,000 fine on unreported large-value self-custody wallets.
Under current rules, taxpayers who have resided in France for at least six years in the past decade and hold stocks and other securities worth over €800,000 when leaving the country must pay exit tax on unrealized gains. The new amend
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