Birdwatch Note Rating
2023-05-03 19:36:11 UTC - HELPFUL
Rated by Participant: 1038EE10B57E327D2C98A69E4A99927D89BFF4FD27A9D7E8E00FBD9A9EF8B261
Participant Details
Original Note:
To avoid any misconception, crypto is not taxed higher than other gains, in Italy. As of Jan 2019, a flat tax rate of 26% applies to the total capital gains amount, regardless of the investment type. Therefore, crypto is now simply being recognized by the government. https://taxsummaries.pwc.com/italy/individual/income-determination#:~:text=The%20capital%20gains%20earned%20by,flat%20tax%20rate%20of%2026%25.
All Note Details