Italy: Cryptocurrency taxation in state budget for the financial year 2023 and multi-year budget for the three-year period 2023-2025 Bill

Progress

Current status
in force
01 Jan 2023 in force
29 Dec 2022 adopted
29 Nov 2022 under deliberation

Scope

Implementers
Italy
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
unspecified
Government Branch
legislature
Government Body
parliament
Implementation Level
national

Timeline of events

01 Jan 2023
in force

Implemented 2023 budget Bill including cryptocurrency taxation

On 1 January 2023, the State Budget Bill for the financial year 2023 and the multi-year budget for the three years 2023-2025, introducing changes to the Consolidated Income Tax Act, entered into force. The Bill defines crypto-assets and makes them s…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
29 Dec 2022
adopted

Adopted 2023 budget Bill including cryptocurrency taxation

On 29 December 2022, the Senate of the Italian Republic approved the State Budget Bill for the financial year 2023 and the multi-year budget for the three years 2023-2025, introducing changes to the Consolidated Income Tax Act. The Bill defines cryp…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
29 Nov 2022
under deliberation

Introduced 2023 budget Bill including cryptocurrency taxation

On 29 November 2022, the Italian Minister of Economy and Finance introduced the 2023 budget Bill in the Italian Parliament. The Bill includes articles regulating cryptocurrencies with regard to their taxation, evaluation and regularisation. In parti…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament