France's National Assembly will continue debating the revenue section of the 2027 state budget on Tuesday rather than proceed to a planned vote, marking the second postponement of the ballot.

According to the Assembly's end-of-session notice issued after Monday's sitting, Tuesday's agenda includes questions to the government and continued debate on the budget's revenue section, with 758 amendments still awaiting examination.

The original vote, scheduled for Oct. 20, was already pushed back while more than 2,000 amendments awaited debate, according to French newspaper Le Monde.

The National Assembly has until midnight on Nov. 17 to complete its first-reading examination. If the revenue section is rejected, the government's original budget proposal will move to the Senate without the amendments adopted by lawmakers. That deadline caps the time left for lawmakers to examine amendments that would change how digital assets are taxed, reported, or exempted in France.

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France rejects crypto exit tax proposals

On Friday, the National Assembly voted down two proposals that would have applied exit taxes to unrealized crypto gains when taxpayers transferred their tax residence abroad. Because exit taxes target gains on assets a taxpayer still owns at the moment of relocation, rather than gains from realized sales, the scope of such rules directly affects crypto holders moving their residence out of France.

The first proposal, which sought to bring crypto assets into the country's existing exit tax regime, was rejected with 27 votes in favor, 55 against and one abstention, according to the Assembly's official voting record.

A separate vote saw a second proposal rejected with 31 votes in favor and 60 against. It would have taxed unrealized gains on household crypto holdings worth more than 800,000 euros ($897,000) when taxpayers moved their tax residence outside France, provided they had been tax-resident in the country for at least six of the preceding 10 years. With both measures voted down, the current treatment of unrealized crypto gains at relocation remains unchanged for now.

Other crypto-related proposals are still awaiting debate. One would require self-custodied crypto holdings with a combined year-end value of at least 100,000 euros ($112,000) to be reported to tax authorities. Another would exempt gains on crypto payments for goods and services from tax when the total value of those payments does not exceed 1,000 euros ($1,120) during the tax year. Neither measure takes effect unless it is adopted during the budget process.

Lawmakers approved a proposal on Oct. 16 to tax gains when crypto assets are converted into fiat-pegged stablecoins. The measure has not become law, so the treatment it describes does not yet apply; its fate depends on the budget completing its passage through Parliament.

With 758 amendments still queued, attention turns to whether the self-custody reporting and small-payment exemption proposals come up for debate before the first reading closes, and whether the revenue section passes or proceeds to the Senate without the Assembly's amendments.

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