FinanceMagnates
Italy’s lawmakers are opposing government plans to increase capital gains taxes and widen the scope of its crypto assets. The proposals, central to Prime Minister Giorgia Meloni’s 2024 budget, are being criticized for potentially stifling innovation and affecting smaller businesses.Push for Crypto Tax CompromiseEconomy Minister Giancarlo Giorgetti proposed raising cryptocurrency capital gains taxes from 26% to 42%…
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Italy’s Lawmakers Oppose Crypto Tax Increase in Budget Proposal
Jared Kirui
13:20
Italy’s lawmakers are opposing government plans to increase capital gains taxes and widen the scope of its crypto assets. The proposals, central to Prime Minister Giorgia Meloni’s 2024 budget, are being criticized for potentially stifling innovation and affecting smaller businesses.Push for Crypto Tax CompromiseEconomy Minister Giancarlo Giorgetti proposed raising cryptocurrency capital gains taxes from 26%
