{"id":72176,"date":"2022-12-31T16:31:19","date_gmt":"2022-12-31T14:31:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72176"},"modified":"2025-09-08T13:21:58","modified_gmt":"2025-09-08T10:21:58","slug":"italy-imposes-a-26-tax-on-crypto-profits","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/italy-imposes-a-26-tax-on-crypto-profits\/","title":{"rendered":"Italy imposes a 26% tax on crypto profits"},"content":{"rendered":"<p>The Italian Parliament approved amendments to the 2023 budget, envisaging a 26% capital gains tax on profits from trading digital assets. <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/12\/30\/italian-parliament-approves-26-crypto-gains-tax-under-2023-budget\/\">CoinDesk<\/a>.<\/p>\n<p>The budget legalises crypto assets, defining them as &#8220;a digital representation of value or rights that can be transferred and held electronically using distributed ledger technology or similar&#8221;.<\/p>\n<p>The tax will be levied on profits exceeding \u20ac2000 ($2145).<\/p>\n<p>Stamp duty will apply to cryptocurrencies. Citizens will have reporting obligations to inform the tax authorities about such investments.<\/p>\n<p>Earlier, the government formed by Giorgia Meloni urged citizens to disclose the value of digital assets as of 1 January 2023 and <a href=\"https:\/\/forklog.com\/en\/news\/italy-to-levy-26-tax-on-crypto-trading-gains\">to pay a tax of 14%<\/a>.<\/p>\n<p>Earlier in October, Portugal&#8217;s parliament introduced a 2023 budget proposal that includes <a href=\"https:\/\/forklog.com\/en\/news\/portugal-budget-proposal-includes-taxation-of-cryptocurrencies\">the introduction of a 28% income tax<\/a> on cryptocurrencies held for less than a year.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Italian Parliament approved amendments to the 2023 budget, envisaging a 26% capital gains tax on profits from trading digital assets.<\/p>\n","protected":false},"author":1,"featured_media":72177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1603,558],"class_list":["post-72176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-italy","tag-taxes"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72176"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72176\/revisions"}],"predecessor-version":[{"id":72178,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72176\/revisions\/72178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72177"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}