A viral TikTok video claims that from 2026, all bank transfers or payments over 1,000 euros will be automatically sent to French tax authorities. This information is false but has spread widely on social media, causing confusion and worry.
The Claim: Reporting Transactions Over €1,000
The video says a new law will force banks to report every transaction above 1,000 euros to tax authorities to fight fraud by comparing people’s spending with their tax returns. It wrongly names Bruno Retailleau as the reform’s leader, calling him the Minister of the Interior, when tax issues are handled by the Ministry of Economy and Finance.
The Truth: No Such Law Exists
No law supports this claim. The measure was never proposed, discussed, or passed. No record exists in the Official Journal. The Ministry of Economy and Finance has not mentioned this plan. The video’s story is false, with no sources or evidence.
Current Rules
France limits cash payments to professionals to 1,000 euros for tax residents to stop untraceable transactions and money laundering. This does not apply to bank transfers, card payments, or other electronic payments.
How Misinformation Spreads
The video uses a fake voice, dramatic music, and emotional words to scare people about widespread surveillance. Its short, strong message avoids credible sources to gain views and shares. Such content seems believable at first, especially when shared widely, as it plays on fears about financial monitoring. Always check claims with trusted sources like government websites or reliable news.
No Automatic Reporting
No rule requires automatic reporting of bank transfers over 1,000 euros to tax authorities. Tax officials may ask for specific transaction details during targeted checks, but this does not involve monitoring all citizens’ payments.
Stay Careful
Viral posts are not always true. With more fake content online, think critically. Check the source before sharing scary claims.
