Birdwatch Note Rating
2023-05-05 21:35:57 UTC - HELPFUL
Rated by Participant: C150CF4DB24F111021B20C84EBDC3B79B43D6D6C8DE6CC492ED29D4BFD8DBA34
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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