{"id":142103,"date":"2024-11-13T12:00:45","date_gmt":"2024-11-13T10:00:45","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142103"},"modified":"2024-11-13T01:24:08","modified_gmt":"2024-11-12T23:24:08","slug":"italy-moves-to-reduce-proposed-crypto-tax-hike-to-28","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/italy-moves-to-reduce-proposed-crypto-tax-hike-to-28\/","title":{"rendered":"Italy Moves to Reduce Proposed Crypto Tax Hike to 28%"},"content":{"rendered":"

This move<\/a><\/strong>, backed by the League, a coalition partner of Prime Minister Giorgia Meloni, aims to maintain Italy\u2019s appeal to crypto investors and businesses.<\/p>\n

The original 42% tax increase, part of the 2025 economic plan, had raised concerns about the country\u2019s competitiveness in the global crypto market. Industry leaders argued that a lower tax would better attract crypto-related businesses, including blockchain and digital asset trading. The revised 28% rate is closer to the current 26% capital gains tax, potentially easing the tax burden on investors.<\/p>\n

Additionally, Forza Italia, another coalition partner, has proposed completely eliminating the tax hike, while the League\u2019s amendment calls for a working group to improve crypto tax transparency and investor education.<\/p>\n