Title: Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Post by: Bitcoin on Oct 17, 2024, 05:33 am
Post by: Bitcoin on Oct 17, 2024, 05:33 am
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]
Source: Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations (https://news.bitcoin.com/italy-targets-bitcoin-with-capital-gains-tax-hike-as-eu-prepares-for-mica-regulations/)
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]Source: Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations (https://news.bitcoin.com/italy-targets-bitcoin-with-capital-gains-tax-hike-as-eu-prepares-for-mica-regulations/)