Regulation· ★★★· bearish·

France weighs tax on unrealized crypto gains after Dutch reform

  • —The Dutch government's Sept. 29 letter drops the plan to tax unrealized gains annually
  • —From 2028 Dutch investors will be taxed when gains are realized
  • —France currently grants tax deferral on crypto-to-crypto swaps without cash
  • —A lawyer says that deferral is a legislative choice, not a constitutional requirement
Why it matters: If France follows the Dutch path, EU crypto holders could face taxes on unrealized gains or on crypto-to-crypto swaps.
Source: Cryptoast