Birdwatch Note Rating
2023-05-08 00:54:23 UTC - HELPFUL
Rated by Participant: 5A561C67C422F0C952A45C0ED8244DFE20803995FA6A2C9935BA45B75E754F6B
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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