211, 2024
Italy’s Tax Shake-Up: Capital Gains Tax on Cryptocurrency Set to Jump to 42%
Italy is pushing for a major increase in its capital gains tax on cryptocurrencies like Bitcoin, from the current 26% to 42%, marking a nearly 62% hike.
1810, 2024
Italy Proposes Raising Bitcoin Capital Gains Tax to 42%
The Italian government intends to significantly increase the tax rate on Bitcoin capital gains, from 26% to 42%. In an effort to tighten economic policies, the government is also proposing to remove the €750 million minimum revenue threshold for its Digital Services Tax (DST).
2012, 2019
War on cash rages in the Mediterranean
Crypto adoption a likely beneficiary as Greece and Italy crackdown on black markets and tax evasion and take up a frontline position in the ‘war on cash’.
706, 2018
Italexit prompts speculation that bitcoin is a new ‘safe haven’ asset
Rather than acting as a currency, which was Satoshi’s vision, is Bitcoin now behaving more like a traditional safe-haven asset?
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