Italy Plans to Lower Crypto Tax from 42% to 28%

user avatar

by Giorgi Kostiuk

2 years ago

The Italian government led by Giorgia Meloni might approve a proposal to reduce the planned tax hike on cryptocurrency trades, suggested by a coalition partner.

Proposal to Lower Tax

The League, a junior partner in Meloni’s coalition, suggested reducing the tax increase to 28% from the originally proposed 42%. This follows concerns that the hike could affect Italy’s competitiveness in the EU. The current tax rate is 26%.

Criticism from Crypto Industry

Crypto industry leaders argue that the original tax hike is too high and could damage Italy's competitiveness. The EU is preparing to introduce its first comprehensive crypto regulations, known as the 'Markets in Cryptoassets' (MiCA), by the end of the year.

Prospects of Tax Plan Changes

The government is likely to support the League’s proposal, but no final decision has been made. Finance Minister Giancarlo Giorgetti is considering alternative tax structures based on how long investments are held. However, changes could still occur according to anonymous sources.

Italy is taking steps to adjust its tax plan to strengthen public finances amid the reintroduction of EU fiscal rules.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Broadcom Set to Gain from Alphabet's Custom TPU Sales

Broadcom is set to benefit from Alphabet's decision to sell custom TPUs to external data centers, enhancing its AI semiconductor revenue through a long-term agreement until 2031.

user avatarBayarjavkhlan Ganbaatar

Alphabet Enters Hardware Market with Custom TPUs for Data Centers

Alphabet announces the sale of its custom-made Tensor Processing Units (TPUs) to external data centers, marking a significant move into hardware sales.

user avatarTenzin Dorje

CoinsBee and TRON DAO Launch Discount Campaign for USDT Payments

CoinsBee, in collaboration with TRON DAO, is launching a campaign that offers eligible users a 2% discount on purchases made with USDT on TRON.

user avatarMohamed Farouk

USDT on TRON Surpasses Bitcoin as Most Used Payment Method on CoinsBee

USDT TRC20 on the TRON network has become the most used on-chain token and payment option on CoinsBee, surpassing Bitcoin and Ethereum in payment activity.

user avatarElias Mukuru

Panel Discussion on Trading Insights at Zoomex After Party

A flagship panel titled 'Where's the Edge' will feature industry KOLs discussing trading strategies and market dynamics.

user avatarKenji Takahashi

Ollie Bearman to Host Interactive QA at Zoomex Event

Ollie Bearman will host an interactive QA session at the ZOOMEX TRADERS AFTER PARTY on October 7, 2026, providing a unique opportunity for traders and motorsport fans to engage directly.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.