Italy will impose a 26% tax on capital gains obtained with cryptocurrencies
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Jun 8
Italy will impose a 26% tax on capital gains obtained with cryptocurrencies Italy plans to tighten regulations on digital currencies by expanding its tax law to include the buying and selling of cryptocurrencies by 2023, according to budget documentation released Dec. 1. Included in its 2023 budget is a plan to impose a 26% tax on profits greater than 2,000 euros (USD 2,062.3) obtained from the sale of cryptocurrencies, according to Bloomberg. Before this proposal, digital currencies had lowe...
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