France Joins OECD Crypto Tax Framework for Automatic Data Exchanges
France is preparing to exchange information on crypto transactions with partner tax authorities under the OECD's Crypto-Asset Reporting Framework. The country has signed a multilateral agreement supporting CARF and will begin exchanging data in 2027, covering the 2026 reporting period. This move is part of international coordination around crypto taxation and aims to increase transparency.
The framework requires crypto-asset service providers to collect identifying information from users, including names, addresses, tax identification numbers, and jurisdictions of residence. Tax authorities will also receive information on reportable transactions, such as aggregated values by crypto asset and transaction type.
France is implementing related requirements through the European Union's DAC8, which began applying on January 1, 2026. Providers must submit information for the first reporting year during 2027, with exchanges between EU tax authorities due by September 30.