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 ...

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.

For the 2025 tax year, individual filers won’t pay any capital gains tax if their total taxable income is $48,350 or less.

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 ...

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.

On Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto ...

"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 ...

The release of a new, updated tax form doesn’t generally make headline news, but this week’s publication of the Canada Revenue Agency’s (CRA) 2024 Schedule 3, Capital Gains or Losses has more than a ...

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.

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.

The capital gains tax is a tax on the net profit from the sale of an asset, such as a mutual fund or a home. ... you calculate NIIT on Form 8960 and file it along with your Form 1040 tax return.

Italy plans to raise the capital gains tax on Bitcoin to 42% from 26%, part of efforts to finance expensive election promises while cutting the fiscal deficit. Prime Minister Giorgia Meloni’s ...