New 28% Rate Signals A Fresh Start
Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni’s government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just 28%”.
According to multiple reports, the League, a member of Meloni’s coalition, has recommended an amendment to the tax rate. This amendment aims to balance the country’s revenue generation and the policy of attracting local and international investors. Italy’s current levy is 26%.
Tax Hike On Crypto – A Plan To Cut Fiscal Deficit
Italy’s plan to hike taxes on crypto capital gains was…
