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CoinGape

2022-12-01 04:03:36

Italy Plans to Introduce 26% Tax on Crypto Gains, More Details

Italy Plans to Introduce 26% Tax on Crypto Gains, More Details

After Portugal, another European country is set to toughen crypto regulations and further expand taxation on crypto trading. A provision in Italy’s 2023 budget plan seeks to levy a staggering 26% tax on capital gains derived from crypto trading. However, this tax slab will be applicable if the crypto profits are larger than 2,000 euros The post Italy Plans to Introduce 26% Tax on Crypto Gains, More Details appeared first on CoinGape .

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