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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.



2007769

Benzinga

New York

United States

Italy Eyes Drastic Tax Hike On Bitcoin Profits: 42% Looming In 2025, Shocking Country's Crypto Investors

Italy&#8217;s government made a bold move to tighten the screws on cryptocurrency profits, unveiling plans to increase capital gains taxes on Bitcoin and other cryptocurrencies from the current 26% to a staggering 42%.

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Media Bias/Fact Check

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.

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Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Italy to Raise Capital Gains Tax on Bitcoin to 42% From 26%

This was announced by Deputy Minister of Economy Leo: it would start as early as 2025. The increase in withholding could affect 3.6 million Italians

Lo ha annunciato il viceministro dell’Economia Leo: si partirebbe già dal 2025. L’aumento della ritenuta potrebbe interessare 3,6 milioni di italiani

Bitcoin, la tassazione sulle plusvalenze sale dal 26 al 42%

Corriere Della Sera

Cairo Communication

Mediobanca

Diego Della Valle

Italy

Bitcoin, capital gains taxation rises from 26 to 42%

One thing is certain: the state coffers must be filled - but how? The government has been looking into this question for some time now. It has now apparently found what it is looking for among investors who have invested part of their savings in cryptocurrencies. From 2025 onwards, they will be more likely to be given credit than ever before. This was announced yesterday by Deputy Minister of Economic Affairs Maurizio Leo.
The backgroundHe stres…

Eines ist fix: Die Staatskassen müssen gefüllt werden – aber wie? Dieser Frage geht die Regierung nun bereits seit Längerem nach. Fündig geworden ist sie nun offenbar auch bei Anlegern, die einen Teil ihres Ersparten in Kryptowährungen investiert haben. Sie sollen ab 2025 stärker denn je zum Handkuss kommen. Das kündigte Vize-Wirtschaftsminister Maurizio Leo gestern an.
Der HintergrundEr betonte, dass dies notwendig sei, um die staatlichen Einna…

Italien plant Maxi-Steuer  auf Bitcoin - Wirtschaft

stol.it

Bolzano

Province of Bolzano - South Tyrol

Trentino-South Tyrol

Italy plans maxi-tax on Bitcoin

In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold.

Cointelegraph

Italy to raise capital gains tax on Bitcoin from 26% to 42%

Deputy Finance Minister Maurizio Leo said Wednesday that Italy plans to hike capital gains tax on cryptocurrencies like bitcoin (BTC-USD) to 42% from 26%, according to several media reports.



Seeking Alpha

Italy said to lift taxes on capital gains from bitcoin to 42% from 26%

Bitter surprise in maneuver: capital gains taxation goes from 26% to 42%. The government is moving because, as OAM certifies, Italians started selling digital currencies a few months ago

Sorpresa amara in manovra: la tassazione sulle plusvalenze passa dal 26% al 42%. Il governo si muove perché, come certifica Oam, da alcuni mesi gli italiani hanno iniziato a vendere le monete digitali

La stangata del governo su bitcoin e criptovalute

Wired

Advance Publications

Ma Huateng

Naspers

The government's sting on bitcoin and cryptocurrencies

The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.

Coin Desk

Manila

Metro Manila

Philippines

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]

Bitcoin.com

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations – Taxes Bitcoin News

This was announced by Deputy Minister for Economy Maurizio Leo. Anti-evasion rules: in order to request a refund of the taxi receipt, you will have to pay by card

Lo ha annunciato il viceministro all’Economia Maurizio Leo. Norme antievasione: per poter chiedere il rimborso della ricevuta del taxi bisognaerà pagare con carta

Il Fisco fa cassa con i bitcoin: la ritenuta sulle plusvalenze passa dal 26 al 42%

Il Sole 24 Ore

General Confederation of Italian Industry

Milan

Metropolitan City of Milan

Lombardy

The IRS makes money with bitcoin: the withholding tax on capital gains goes from 26 to 42%

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Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

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