Italy Imposes 26 Percent Capital Tax on Crypto Profits Above This Amount
Italy’s parliament has decided to impose a 26 percent capital tax on profits exceeding $2,060 (roughly Rs.1.7 lakh) generated out of crypto trading. The country has acknowledged the presence of the virtual digital assets (VDA) sector in the existing financial system This tax imposition will be implemented as part of Italy’s budget plans for 2023. … Read more