Loading...
Market
Decrease in Cryptocurrency Trading Volume in Italy by Q1 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Cryptocurrency exchange reports and financial market analyses
Story
Italy to Raise Bitcoin Capital Gains Tax to 42% in 2025 Budget Plan
Oct 16, 2024, 10:35 AM
Italy is planning to raise its capital gains tax on Bitcoin and other cryptocurrencies from the current 26% to 42%, according to Deputy Finance Minister Maurizio Leo. The proposed increase, announced during a press conference on October 16, is part of the government's 2025 budget aimed at financing election promises, supporting families, youth, and businesses, and reducing the fiscal deficit. The new tax rate would apply to investments exceeding €2,000, reflecting the government's response to the growing popularity of cryptocurrencies, which Leo referred to as a spreading phenomenon. This move could significantly impact Italy's digital finance landscape.
View original story
Similar markets
Significant decrease in market activity • 25%
Increase in tax revenue without market disruption • 25%
No significant impact • 25%
Other • 25%
Implement geo-restrictions for Italy • 25%
Increase fees for Italian users • 25%
No significant change • 25%
Other • 25%
Increase by more than 20% • 25%
Increase by less than 20% • 25%
Decrease by less than 20% • 25%
Decrease by more than 20% • 25%
Tax increased to 42% • 25%
Tax increased but less than 42% • 25%
No change in tax rate • 25%
Tax decreased • 25%
Significant Increase • 25%
Moderate Increase • 25%
No Change • 25%
Decrease • 25%
Less than 5% • 25%
5% to 10% • 25%
10.1% to 20% • 25%
More than 20% • 25%
Increase by over 20% • 25%
Decrease by over 20% • 25%
Remain stable (+/- 5%) • 25%
Fluctuate moderately (5%-20%) • 25%
Bitcoin price increases • 25%
Bitcoin price decreases • 25%
Bitcoin price remains stable • 25%
Price fluctuation exceeds 20% • 25%