French Senate approves CARF: crypto tax data sharing starts in 2027
- —Senators passed bill No. 921 unchanged; rapporteur Emmanuel Capus led the text
- —Platforms will report clients' identity, tax number and volumes per crypto asset
- —France is among 46 jurisdictions exchanging data from 2027; the US follows in 2029
- —No new tax: the existing 30% flat tax and form 3916-bis remain in place
Why it matters: Crypto is no longer a blind spot for tax authorities: undeclared accounts on foreign exchanges will become visible to the French tax office.
Source: Journal du Coin