The law implicitly mentions Bitcoin miners, who must also pay taxes. Now the project will be debated in the Italian Parliament. Italian President Sergio Mattarella signed the budget bill for 2025, which proposes a 42% increase in profits with bitcoin (BTC) and cryptocurrencies. This project will now be debated in the Italian Parliament. The budget … Read more
The government of Javier Milei announced yesterday, Monday, October 21, the suppression of the Federal Public Revenue Administration (AFIP) and its replacement by the Customs Collection and Control Agency (ARCA). This change, however, does not alter the current tax system in Argentina. Presidential spokesperson Manuel Adorni communicated that the AFIP will cease to exist, giving … Read more
Italy’s Deputy Finance Minister Maurizio Leo announced that they are contemplating a significant increase in taxes on capital gains derived from bitcoin (BTC) and other cryptocurrencies. According to Leo, the profits from these assets would go from being taxed from 26% to 42%, which represents an increase of 61.5%. Maurizio Leo mentioned during a press … Read more