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Bitcoinist

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Italy’s Crypto Tax U-Turn: New 28% Rate Signals A Fresh Start

  • Italy's Prime Minister Giorgia Meloni's government is considering a reduced tax hike on cryptocurrencies.
  • The initial proposal of a 46% tax rate is being re-evaluated and may be limited to just 28%.
  • The League Party has recommended the amendment to balance revenue generation and attract investors.
  • Other organizations are calling for the cancellation of the tax increase and exemption for gains below €2k.

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