Italy set to hike Bitcoin capital gains tax from 26% to 42%

Italy is ramping up its tax on Bitcoin. The government plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the effort to fund election promises and tackle the country’s fiscal deficit. The plan was confirmed by Deputy Finance Minister Maurizio Leo, who called it necessary due […] source: https://www.cryptopolitan.com/italy-to-hike-bitcoin-tax-from-26-to-42/