--- title: "France Delays 2027 Budget Vote After Lawmakers Reject Crypto Exit Taxes" description: "The National Assembly pushed back its budget ballot to debate 758 remaining amendments, having rejected exit tax proposals on unrealized digital asset gains." url: https://basisdesk.news/news/france-delays-budget-vote-rejects-crypto-exit-tax published: 2026-11-03T11:06:34.654Z modified: 2026-11-03T11:06:34.654Z section: Regulation & Policy author: Basis Desk Newsroom (AI-generated, source-verified) sentiment: neutral tickers: [] tags: [france, taxation, budget, national-assembly, regulation] license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice. --- # France Delays 2027 Budget Vote After Lawmakers Reject Crypto Exit Taxes The National Assembly pushed back its budget ballot to debate 758 remaining amendments, having rejected exit tax proposals on unrealized digital asset gains. ## At a glance - **What happened:** France's National Assembly delayed its 2027 budget revenue vote to address 758 amendments, after voting down two proposals to levy exit taxes on unrealized crypto gains. - **Why it matters:** French residents moving abroad avoid an exit levy on crypto wealth, but self-custody reporting rules and stablecoin taxation proposals remain subject to ongoing legislative debates. - **Who is affected:** French crypto asset holders, high-net-worth investors moving tax residency, and users of self-custodied digital wallets. - **What's next:** Debate resumes Tuesday, with the National Assembly required to finish its first-reading examination by midnight on Nov. 17. - **Status:** proposed - **Primary source:** [France postpones 2027 budget vote, crypto exit-tax proposals scrapped](https://cointelegraph.com/news/france-postpones-2027-budget-vote-reject-crypto-exit-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) — cointelegraph.com ## Key points - France's National Assembly postponed its 2027 budget revenue vote to Tuesday with 758 amendments still pending debate [1]. - Lawmakers rejected two amendments that would have applied exit taxes on unrealized crypto gains for residents moving abroad [1]. - Deputies must finish the first reading by Nov. 17, or the original budget bill moves to the Senate without lower-house amendments [1]. ## Editorial remark - **Context:** French lawmakers previously approved an amendment on Oct. 16 to tax trades into fiat-backed stablecoins, prompting heightened scrutiny of digital asset tax policy during the 2027 budget debates. - **Impact:** French crypto investors and high-net-worth households avoid an exit tax on unrealized gains, while pending measures could still impose reporting mandates on private wallets over 100,000 euros. - **Watch:** The National Assembly must conclude its first-reading examination of the revenue section by midnight on Nov. 17. The French National Assembly has delayed a planned vote on the revenue section of the country's 2027 state budget to continue legislative debates, according to an end-of-session notice issued following Monday's sitting [1]. Rather than holding the scheduled ballot, lawmakers will proceed with debates on Tuesday as 758 amendments remain pending [1]. The postponement marks the second delay for the revenue vote, which was originally deferred from an Oct. 20 target when more than 2,000 amendments remained unaddressed [1]. Ahead of the procedural delay, the National Assembly rejected two separate amendments on Friday aimed at taxing unrealized crypto asset gains when French residents relocate abroad [1]. The initial measure, which aimed to integrate crypto assets into France's broader exit tax framework, failed by a vote of 27 in favor, 55 against, and one abstention [1]. A second measure sought to tax unrealized gains for households holding more than 800,000 euros ($897,000) in crypto assets if they moved their fiscal residency abroad after living in France for at least six of the previous 10 years [1]. Lawmakers rejected that proposal by a tally of 31 to 60 [1]. ## Pending Crypto Measures and Legislative Timeline Several digital asset provisions remain on the legislative docket [1]. Lawmakers are still slated to debate an amendment mandating disclosure of self-custodied holdings exceeding 100,000 euros ($112,000) evaluated at year-end, alongside an amendment proposing tax exemptions on crypto payments for goods and services up to 1,000 euros ($1,120) per tax year [1]. Previously, on Oct. 16, MPs advanced an amendment to tax gains incurred when converting crypto assets into fiat-pegged stablecoins, though that measure has not yet been enacted into law [1]. The National Assembly faces a strict deadline of midnight on Nov. 17 to conclude its first-reading examination of the 2027 revenue package [1]. If members reject the revenue text, the executive branch's original draft budget will advance directly to the Senate, stripping out all parliamentary amendments adopted during the lower house proceedings [1]. ## FAQ **What crypto exit taxes did French lawmakers reject?** Lawmakers rejected two amendments: one integrating crypto assets into the general exit tax framework, and another applying exit taxes on unrealized gains for households holding over 800,000 euros in crypto moving abroad. **What crypto amendments are still awaiting debate in France?** Pending proposals include a reporting mandate for self-custody wallets holding over 100,000 euros and a tax exemption for consumer payments using crypto up to 1,000 euros per year. ## Sources 1. [France postpones 2027 budget vote, crypto exit-tax proposals scrapped](https://cointelegraph.com/news/france-postpones-2027-budget-vote-reject-crypto-exit-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) — cointelegraph.com, 2026-11-03 --- Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai