The Italian government is considering increasing the capital gains tax for investments in Bitcoin (BTC) from 26% to 42%, according to Deputy Economy Minister Maurizio Leo. Speaking at a press ...

Capital gains tax can be complicated, which is why we put together this guide on capital gains tax rates for 2023 and 2024. Keep in mind there are two different kinds of capital gains tax.

For long-term capital gains, the tax rate for tax year 2023 is 0%, 15% or 20%, depending on your status and income. Short-term capital gains follow the traditional income tax brackets for tax year ...

As of October 2024, if your crypto gains exceed 2,000 euros in a tax year, there’s a 26% tax on crypto capital gains. Gains below 2,000 euros are not subject to Italy’s tax.

Politicians from Italy’s ruling coalition said Tuesday that the country will lower the proposed tax hike on cryptocurrency capital gains following industry criticism and internal disagreements.

Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.

Italy is set to trim its planned tax increase on crypto capital gains, Reuters reported on Tuesday. Two months ago, the government was intent on raising the tax to 42% from 26% by the end of December.

"The tax increase will be significantly reduced during the parliamentary work," lawmakers Giulio Centemero and Federico Freni, a junior minister at the Treasury, said in a statement according to ...

Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.