The French lawmakers' decision to include these taxes in the 2027 budget bill aims to target wealthy individuals seeking to avoid taxes. The bill now heads to the National Assembly for final approval. The tax on stablecoin swaps will apply to transactions exceeding €1,000 and is expected to generate a significant revenue stream for the French government. The measure targets households with more than €800,000 in assets, including cryptocurrency holdings, when they move abroad.
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The inclusion of taxes on unrealized crypto gains is part of a broader effort to combat tax evasion and ensure a fair tax environment in France.