Reporting framework, corporate tax and individual tax treatment for digital assets in France, from CryptaCount's jurisdiction database covering 72 countries.
France: tax & reporting data
General Information
Default Framework
IFRS
Permitted Frameworks
IFRS, PCG
IFRS Mandatory For
Listed entities use IFRS for consolidated. Individual/statutory accounts must use PCG.
Tax Year
Calendar Year (end M12)
Functional Currency
EUR
FX Source (Reporting)
ECB
FX Source (Tax)
ECB
Transaction Rate
Daily Spot
Hyperinflationary
✗ No
Reporting — PCG
Framework Available
✓ Yes
Crypto Classification
Intangible Asset, Current Asset
Classification Notes
IAS 38 intangible (most common); IAS 2 inventory if held for sale in ordinary course. No dedicated IFRS crypto standard.
Measurement Basis
Historical Cost
Permitted Cost Methods
FIFO, WAVG
Prohibited Cost Methods
LIFO
Impairment Required
✓ Yes
Impairment Type
Prudence Principle
Reversal Allowed
✓ Yes
NRV Write-down
✓ Required — Only if classified as inventory (IAS 2)
Fair Value Hierarchy
—
Recent Standards
No dedicated IFRS crypto standard. IFRIC agenda decision (2019) confirmed IAS 38/IAS 2. IASB crypto project in pipeline, no ED yet.