Leggi questo articolo in Italiano Italiano

2 min read 16 Oct 2024

Italy: Taxes on Bitcoin increase from 26 percent to 42 percent

By Daniele Corno

Taxes on capital gains generated by Bitcoin in Italy will rise from 26 percent to 42 percent. A significant increase that is already creating debate.

Italy: Taxes on Bitcoin increase from 26 percent to 42 percent

The proposal at a press conference

During a press conference on the 2025 maneuver, a tax increase on Bitcoin was announced.

Deputy Economy Minister Maurizio Leo said that taxes on capital gains will increase from 26 percent to 42 percent.

This increase is related to the growing popularity of Bitcoin among investors.

The announcement was made during the presentation of government measures aimed at raising funds to help families, young people and businesses.

Official confirmation will come with the 2025 budget law. Only then will we know whether the tax increase will affect only Bitcoin or also other cryptocurrencies.

Related is the speech in question on the youtube channel, at minute 22.10.

A “dubious” intervention

In Italy, financial returns have a 26 percent tax. This new proposal would lead to a different tax regime only for Bitcoin, and perhaps for other cryptocurrencies as well. This change has already attracted a lot of criticism.

The Italian community is already discussing this news. Some are concerned that the new taxes may penalize those who invest in cryptocurrencies, creating a different tax treatment than other investments. We await further details, which will come when the proposal is made official.

X

Vuoi essere IL PRIMO a conoscere ciò che muove il mercato?

Resta aggiornato in tempo reale con le notizie importanti, dati e analisi ESCLUSIVE

bitcoin
Bitcoin (BTC) $ 111,696.93
ethereum
Ethereum (ETH) $ 4,589.11
xrp
XRP (XRP) $ 3.01
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 864.07
solana
Solana (SOL) $ 196.54
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,574.71
tron
TRON (TRX) $ 0.351942
dogecoin
Dogecoin (DOGE) $ 0.218904
cardano
Cardano (ADA) $ 0.867788
wrapped-steth
Wrapped stETH (WSTETH) $ 5,548.44
chainlink
Chainlink (LINK) $ 24.53
hyperliquid
Hyperliquid (HYPE) $ 48.57
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,958.75
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 111,989.01
wrapped-eeth
Wrapped eETH (WEETH) $ 4,918.02
stellar
Stellar (XLM) $ 0.395204
ethena-usde
Ethena USDe (USDE) $ 1.00
sui
Sui (SUI) $ 3.46
bitcoin-cash
Bitcoin Cash (BCH) $ 544.36
hedera-hashgraph
Hedera (HBAR) $ 0.242847
avalanche-2
Avalanche (AVAX) $ 24.16
weth
WETH (WETH) $ 4,590.24
leo-token
LEO Token (LEO) $ 9.51
litecoin
Litecoin (LTC) $ 113.41
the-open-network
Toncoin (TON) $ 3.17
usds
USDS (USDS) $ 0.999739
shiba-inu
Shiba Inu (SHIB) $ 0.000013
crypto-com-chain
Cronos (CRO) $ 0.204428
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999837
whitebit
WhiteBIT Coin (WBT) $ 43.59
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 111,720.93
uniswap
Uniswap (UNI) $ 9.94
polkadot
Polkadot (DOT) $ 3.89
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19
bitget-token
Bitget Token (BGB) $ 4.67
monero
Monero (XMR) $ 281.82
aave
Aave (AAVE) $ 334.66
dai
Dai (DAI) $ 0.999974
pepe
Pepe (PEPE) $ 0.000010
ethena
Ethena (ENA) $ 0.631748
mantle
Mantle (MNT) $ 1.19
okb
OKB (OKB) $ 165.16
ethereum-classic
Ethereum Classic (ETC) $ 21.72
bittensor
Bittensor (TAO) $ 335.82
near
NEAR Protocol (NEAR) $ 2.53
aptos
Aptos (APT) $ 4.37
ondo-finance
Ondo (ONDO) $ 0.944654
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 240.87