France Proposes New Crypto Tax Amendments for 2027 Budget Bill

The French National Assembly's Finance Committee has commenced a significant review of the country's fiscal framework regarding digital assets. Since October 7, 2026, lawmakers have been evaluating ten specific amendments to the 2027 budget bill that could fundamentally alter how cryptocurrency is taxed and regulated within the nation. While several measures aimed at tightening fiscal oversight have received committee approval, others remain under deliberation or have been dismissed entirely.

Approved Fiscal Measures and Tax Adjustments

During the recent sessions, the Finance Committee reached a consensus on three key proposals designed to integrate crypto assets more thoroughly into the national tax system. A primary focus of these approved amendments is the taxation of stablecoin exchange transactions, which seeks to clarify the obligations of users trading between different types of digital assets. Furthermore, the committee endorsed provisions for capital gains tax on crypto assets, ensuring that profits derived from market volatility are subject to standard fiscal contributions.

• Approval of capital gains tax on digital asset disposals.
• Implementation of taxes on stablecoin-to-stablecoin or stablecoin-to-crypto exchanges.
• Permission to carry forward crypto asset losses for a period of up to 10 years.

The ability to carry forward losses for a decade is seen by some analysts as a balancing measure to offset the impact of increased transaction taxes, providing long-term relief for investors during bear market cycles.

Rejected Proposals and Ongoing Deliberations

Not all proposed changes were met with favor. The committee officially rejected a proposal to extend the personal wealth tax to include cryptocurrency holdings, maintaining a distinction between traditional wealth and digital portfolios for the time being. However, several high-impact regulations are still pending a final decision. These include mandates for the declaration of specific self-custodial wallets and the establishment of new penalty frameworks for trading platforms that fail to comply with reporting standards.

"None of the aforementioned measures have officially become law and still require further deliberation", reported Journal du Coin, emphasizing that the legislative process is far from complete.

Next Steps in the Legislative Process

As the French National Assembly continues its review, the crypto industry remains watchful of how these amendments will evolve before the final vote on the 2027 budget. The transition from committee approval to official law requires multiple stages of parliamentary debate and potential adjustments. Stakeholders in the blockchain ecosystem, ranging from individual retail investors to large-scale exchanges, must prepare for a more rigorous regulatory environment in France as the government seeks to capture more value from the growing digital economy.