Crypto-assets: Tax News 2025 in Italy! 🇮🇹💰
The 2025 Budget Law (L. 207/2024) has come into effect, revolutionizing the taxation of crypto-assets from January 1, 2025. Get ready, the rules are changing!
📈 Goodbye "No-Tax Area" of €2,000: From 2025, every single capital gain from crypto-assets is taxable! No matter the amount, 26% is due. It was a threshold, not an exemption, and now it disappears completely.
📊 26% Rate for 2025: For this year, the substitute rate remains at 26% on all capital gains.
🌍 New IVCA of 0.2% (from 2025): If you hold crypto-assets abroad, the new Crypto-Asset Value Tax (IVCA) of 0.2% per year comes into effect, to be reported in Box W.
🚀 Watch out for 2026: Rate at 33%! From next year (2026), the tax rate on crypto capital gains will drastically rise to 33%. A significant increase to keep an eye on for your tax planning.
What does this mean for you?
Meticulous Record Keeping: Every transaction counts! Keep track of purchases, sales, dates, and fees.
Specific Software: Tools like CoinTracking or Koinly become essential for accounting.
Proactive Planning: Assess your operations to optimize tax impact, especially in light of 2026.
Professional Advice: Given the increase in complexity and penalties (including criminal for abuse or failure to declare), a tax expert specialized in crypto is now essential.
The Italian government is tightening the noose on crypto, aligning with other financial assets. Compliance is no longer an option but an obligation to avoid financial and legal risks.
Sources:
cryptobooks
Crypto Taxation 2025-2026: tax news and impacts - Cryptobooks
finanzaefisco
2025 Maneuver. The main measures of law n. 207/2024
gruppo-piu
Cryptocurrency Taxation 2025-2026: rate at 33% and new tax rules
gazzettaufficiale
Republishing of the text of the law December 30, 2024, n. 207
