Article

[Italy plans to impose an 33%exit tax on crypto asset holders relocating abroad; unrealized gains will also be taxed]

According to Italian crypto media outlet Criptovaluta.it, Italy is discussing incorporating an Exit Tax into the new 1 annual budget bill, imposing an unrealized capital gains tax of up to 33%on crypto asset holders relocating abroad. Even if the relevant Bitcoin or other crypto assets have not yet been sold, a tax liability may arise.