Birdwatch Note Rating
2023-05-04 13:21:51 UTC - HELPFUL
Rated by Participant: 490281E66D3AD22B4B2FBC9AFD3626361F8CA5838F71B7A220AB7ED6C33741E4
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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