Italy Cryptocurrency Tax
Detailed cryptocurrency tax rates and rules for Italy in 2026.
As of 2026, Italy taxes cryptocurrency gains at a flat rate of 33% (increased from 26% in 2025) on gains exceeding €2,000 per tax year. Crypto assets are classified as financial assets. The tax applies to the difference between the sale price and the average purchase cost.
Crypto Tax Status
Taxed
Treatment
Financial assets
Additional Notes
Italy introduced comprehensive crypto tax regulations in the 2023 Budget Law. The rate was increased from 26% to 33% starting January 1, 2026. All crypto assets must be reported in the annual tax return (Quadro RW for monitoring purposes). The €2,000 annual exemption applies to the total gains across all crypto transactions. Crypto-to-crypto exchanges are taxable events.
How Italy Crypto Tax compares
Italy taxes cryptocurrency gains. 68 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
