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Dec 31

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

Crypto traders in Italy will be subject to a 26% capital-gains tax starting in 2023, according to a new budget that won parliamentary approval on Thursday. Italian Prime Minister Giorgia Meloni's 2023 expansionary budget – which was completed in a rush before the end of the year – features 21 billion euros ($22.3 billion) in tax breaks to assist businesses and households facing the energy crisis, Reuters reported. In Italy, where crypto remains largely unregulated, the 387-page budget le...

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