France Backs 31% Capital Gains Tax on Stablecoin Trades
Edited by Steinar Vigdel Kolnes, Editor, Oslo
French lawmakers have backed an amendment ending tax deferral for MiCA-compliant stablecoins from January 2027, CoinDesk reports.
France’s parliament has backed a measure to subject stablecoin trades to a 31% capital gains tax, according to CoinDesk.
The measure, Amendment I-3898, would end tax deferral for stablecoins compliant with the European Union’s Markets in Crypto-Assets regulation, known as MiCA.
The proposed change is scheduled for January 2027, removing the deferral available to qualifying stablecoin transactions.
Source: CoinDesk
