France Rejects Two Crypto Exit-Tax Plans as Budget Vote Slips Again

The Assembly postponed Tuesday’s planned vote on the 2027 budget’s revenue section for a second time. One proposal would have added crypto assets to France’s existing exit-tax rules. It received 27 votes in favor, 55 against and one abstention. A separate plan targeted household crypto holdings worth more than $897,000 when taxpayers moved their tax residence abroad, provided they had been French tax residents for at least six of the prior 10 years. It was rejected, 31 votes in favor to 60 against. Tuesday’s agenda called for further debate on the revenue section, with 758 amendments pending.