Regulation· ★★★· neutral·

France: finance committee rejects amendment to raise crypto flat tax to 41.4%

  • —Finance committee rejected amendment I-CF585 by 31 votes to 3, with 2 abstentions
  • —The amendment would have lifted the PFU rate from 12.8% to 22.8%, taking the flat tax to 41.4%
  • —The committee also rejected the revenue section of the 2027 budget on October 9; deficit seen at 5.35–5.4% of GDP
  • —Amendments can be resubmitted from October 13, with a solemn vote scheduled for October 20
Why it matters: French crypto holders keep the 31.4% rate for now, but the capital taxation fight returns to the floor on October 20.
Source: Journal du Coin