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Cryptocurrencies: 29297
Markets: 112845
Market Cap: $2,082,578,780,974     
24h Vol: $81,353,095,212
Bitcoin.com 2023-01-02 10:00:42

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held before Dec. 31, 2021, and a 0.5% fine for each
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