Tax regime for cryptoassets: Italian Tax Authorities” new circular letter out now

Written by Alessandro Dagnino, Alessandro Borsetto and Enricagiulia Brai On October 27th, 2023, the Italian Tax Authorities issued Circular Letter no. 30/2023 (referred to as the “Circular”), providing clarifications on the tax treatment of cryptoassets as introduced by Law No. 197/2022 (commonly known as the “Budget Law 2023”). ▼                  ▲                  ▼ Starting from 2023, the inclusion [...]

Tax regime for cryptoassets: Italian Tax Authorities” new circular letter out now2023-11-05T13:52:36+01:00

New tax regime applicable to investments in cryptocurrencies in Italy

- Written by Alessandro Borsetto In this article we summarize the main contents of the new tax regime for crypto-assets introduced by the Law No. 197 of 29 December 2022 [1](the “Italian 2023 Budget Law”). ▼                  ▲                  ▼ 1. Income tax regime for individuals that are not entrepreneurs 1.1 Scope of application of the new regime [...]

New tax regime applicable to investments in cryptocurrencies in Italy2023-05-16T09:25:04+02:00