French National Assembly postpones budget vote after rejecting proposal
Original headline法国国民议会推迟预算表决,此前否决加密退出税提案
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France's National Assembly postponed its vote on the revenue section of the 2027 budget on November 3, with 758 amendments still pending, after rejecting two amendments on October 30 that would have applied an exit tax to unrealized gains on crypto assets when taxpayers move their tax residence abroad. One amendment failed 27-55 and the other 31-60, meaning French crypto holders relocating overseas will not face taxation on unrealized gains under the current draft. The outcome preserves France's existing crypto tax treatment for now, though the budget remains under review and further amendments affecting digital assets could still surface as debate continues.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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French National Assembly, France