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Italy Crypto Tax Draft: 26% Rate and Loss Relief Back on Table for 2027
Italy's Parliament is considering a draft plan to lower the tax on cryptocurrency investment gains from 33% to 26% starting in 2027, and to allow losses to offset gains across different asset types. No law has been passed.
Published:
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What happened
Italy's Parliament is considering a draft plan to lower the tax on cryptocurrency investment gains from 33% to 26% starting in 2027, and to allow losses to offset gains across different asset types. No law has been passed.
Confirmed
Global impact / market context
A lower tax rate means investors keep more profit per sale, which could make crypto more attractive in Italy. Allowing losses to offset gains across asset classes would reduce total taxes owed, potentially increasing how much money people are willing to put into crypto.
Analyst inference
This is only a draft proposal, not a confirmed law, so the current 33% rate still applies. If passed, Italy would tax crypto gains closer to how it taxes other investments, which may encourage more buying and holding of crypto assets.
Analyst inference
What to watch
- Watch whether Italy's Parliament formally approves the draft plan, because only then would the 26% rate and loss offsetting become law starting in 2027. Proposed
- Track any official updates confirming whether the 33% crypto tax rate remains in effect before 2027, since no law has been passed yet. Confirmed
- Monitor whether other countries respond with similar tax cuts, which could shift where crypto investors choose to buy, sell, and hold their assets. Analyst inference