2021-11-5 13:45 |
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop.
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Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto.
Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni’s government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just 28%”. Related Reading: No! Judge Rejects […]
Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially…
Italy is pushing for a major increase in its capital gains tax on cryptocurrencies like Bitcoin, from the current 26% to 42%, marking a nearly 62% hike.
The Italian government intends to significantly increase the tax rate on Bitcoin capital gains, from 26% to 42%. In an effort to tighten economic policies, the government is also proposing to remove the €750 million minimum revenue threshold for its Digital Services Tax (DST).
Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit. Bitcoin (BTC) holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the…
Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases.