Written by Radhika Parashar, Edited by David Delima | Friday December 2, 2022
In a draft crypto law bill, Italy is planning to levy a 26 percent tax on crypto profits, exceeding over $2,000 (roughly Rs. 1.62 lakh). Once signed into a law, the proposed bill will allow tax-payers to bag some incentives by declaring their crypto holdings and paying a 14 percent tax.
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