Leanna ReevesSiqalane Taho. Tom BakerFebruary 08, Ralph Itatlt 02, Tom BakerFebruary 06, with them, as well as Gift this article. This week in tax: Italy laundering legislation and the BEPS.
Cryptocurrencies and tax returns in Italy Another important novelty introduced by the Budget Law was the recognition of the possibility for taxpayers who did not indicate in their previous income tax return � Income Form PF , year � the holding of crypto-assets RW panel or the income deriving from the same RT panel , to bring such assets to light. For Irpef purposes, capital gains or other income realised through the sale for consideration, exchange or holding of cryptocurrencies are taxed. The Italian Budget Law also specifies the criteria to be followed in order to calculate the substitute tax, as well as the cases where there is a transfer of crypto-assets potentially triggering a taxation.
