Italy plans to impose a 26% capital gains tax on crypto assets next year

Crypto owners in Italy could be facing stricter crypto regulations up ahead. The government plans to impose reporting requirements for those who own digital currencies as well as capital gains tax for income derived from crypto trading. Italys new government is about to expand the scope and impose stricter regulations for the disclosure of and taxation of digital assets, according to Bitcoin.com. The change will likely arrive with Italys 2023 budget, which is anticipated to target gains from crypto wealth and trading. Proposed by the right-wing administration headed by Prime Minister...

source: https://tokenpost.com/Italy-plans-to-impose-a-26-capital-gains-tax-on-crypto-assets-next-year-9838

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