Summary
- The Italian government is reportedly discussing maintaining the capital gains tax rate on virtual assets at 26%.
- The initial plan to raise the rate to 42% was halted due to industry criticism and internal conflicts, lowering it to 28%.
- A political source indicated that there is a high possibility that the tax rate will remain at the existing 26%.
According to Reuters on the 10th (local time), the Italian government is discussing the application of a 26% capital gains tax rate on virtual assets (cryptocurrency).
Previously, Italy had pushed to raise the capital gains tax on virtual assets from the existing 26% to 42%, but after criticism from the virtual asset industry and internal conflicts within the party to which the Minister of Economy belongs, it was decided to lower the rate to 28%.
They are currently discussing applying it at the current level of 26%.
A political source related to this stated, "There is a high possibility that the government will decide to maintain the capital gains tax rate on virtual assets at the existing 26%."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![Dollar weakens even with U.S. Treasury yields in the 4% range… the real risk markets fear [Global Money X-File]](https://media.bloomingbit.io/PROD/news/7359c31a-2f59-4bd3-81b0-542f21060875.webp?w=250)
