The recommendation is detailed in a 93-page report and suggests a unified tax model for all digital assets. The council evaluated three frameworks for crypto taxation: capital gains, warehouse taxation, and inventory accounting. This initiative mirrors a growing international shift toward stricter tax enforcement on crypto and other financial assets. Italy is also tightening its stance. Vice Economy Minister Maurizio Leo recently announced plans to raise the capital gains tax on cryptocurrencies from 26% to 42%, specifically citing Bitcoin.
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The initiative is being launched in partnership with the Solana Foundation and is expected to drive innovation by offering infrastructure support and potential incentives.
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🕹️ Come play games in the Farcade!
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