Are you familiar with the fact of how bitcoin and cryptocurrencies, in general, are treated in Italy? From January 1, 2023, the financial reports held in Bitcoin and cryptocurrencies will also be tracked and registered in the Tax Registry by the Tax authority. Not only that, all information on financial relationships held in cryptocurrencies, precious metals, financial assets, or any other measure taken as a reference for the evaluation, even of an innovative nature, will be communicated monthly.
Source: fiscal-requirements.com
Latest Posts in "Italy"
- Italian Revenue Agency issues ruling on VAT treatment of intra-entity services between Italian and UK fixed establishments of foreign company
- Companies Must Opt for VAT Group by September 30 for 2026 Implementation
- Tax Authority Clarifies VAT on Rechargeable Fuel Cards: Implications for Businesses and Professionals
- Tax Benefits for Construction and Restoration Companies: 10% VAT Rate Explained
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements