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Also PITA for people as well, we have a 33% tax on crypto selling here in Italy on profits…
by fuomag9 2mo ago
Also PITA for people as well, we have a 33% tax on crypto selling here in Italy on profits…
- tonyhart7 2mo agowhy its fucking high ??
- bdavbdav 2mo agoSame in a lot of countries - he said profits - it’s a taxable gain like any other asset or holding.
- reddalo 2mo agoI don't know. It used to be 26%, like capital gains from shares, securities, etc. but since 1st January 2026 crypto is taxed at 33% unless it's euro stablecoins (still 26%). At this point, I think most crypto investors in Italy will just evade taxes altogether.
- michaelt 2mo agoItaly has progressive taxes on salary, with marginal rates from 23% to 43%. The latter on income above €50k And if you've got taxes like that on earned income - shouldn't people with unearned income pay just as much? If your tax on investment gains is too small, you end up with an economy where the salaried worker renting a house pays more tax than their landlord, who owns ten houses.
- freeone3000 2mo agoI think America’s tax policy and redistribution scheme have made it the country where private individuals have the most money in the world - and that saying the landlord should pay just as much tax disincentivizes wealth concentration!
- Jommi 2mo agostablecoins arent crypto in EU anymore, its e-money. No tax on converting to euros.
- dolmen 2mo agoBut we are talking here about assets you just receive. Not buy and resell.
- jaapz 2mo agoYou can't buy bread with stable coins