Italy Imposes 26 Percent Capital Tax on Crypto Profits Above $2,060: All Details

Italy has decided to impose a 26 percent capital tax on profits exceeding $2,060 (roughly Rs.1.7 lakh) generated out of crypto trading. The nation has listed some incentives for crypto investors to encourage them to declare their holdings. Most transactions facilitated via crypto assets are anonymous and untraceable. By taxing crypto transactions, nations like Italy j...

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