Italian parliament approves 26% gains tax on digital assets
Italy has found a way to cope with existing crises plaguing the country—by enacting a 26% capital gain on digital asset traders, a move that garnered 109-79 votes from lawmakers.
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Italy to introduce 26% capital gains tax on digital asset profits
Taxpayers can be subject to a lesser 14% rate if they declare the value of their digital assets as of January 1, 2023, to authorities.