Italian government to Raise Capital Gains Tax on Bitcoin to 42%, Impacting Crypto Investors

Italian government is preparing to raise the capital gains tax on Bitcoin and other cryptocurrencies from 26% to 42%, according to a report from Bloomberg cited by Unfolded on X (formerly Twitter). This significant tax hike is likely to have far-reaching implications for cryptocurrency investors in Italy, potentially discouraging investment and altering the landscape of

Source: Bitcoin World