Italy lowers proposed crypto tax hike to 28%: report 

2024-11-13 23:09

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… origin »

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Italy will drop plans to increase tax on crypto capital gains

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.

Italy’s Crypto Tax U-Turn: New 28% Rate Signals A Fresh Start

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 Proposes Raising Bitcoin Capital Gains Tax to 42%

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 ˆ750 million minimum revenue threshold for its Digital Services Tax (DST).

Italy set to raise Bitcoin capital gains tax to 42%

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.