Birdwatch Note Rating
2023-05-04 00:57:24 UTC - HELPFUL
Rated by Participant: 3E0D12A5FC2745386764371F3323C090C9371BC83F0D938DFB10009E5E053B6D
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.
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