Crypto tax in Italy
33% flat tax on all crypto gains, and the €2,000 exemption is gone.
- Short-term rate
- 33%
- Long-term rate
- 33%
- Treatment
- Flat rate
- Currency
- EUR
How Italy taxes crypto
Italy applies a 33% substitute tax on crypto capital gains, raised from 26% on 1 January 2026 by the 2025 Budget Law. The previous €2,000 annual exemption was removed in 2025, so all realised gains are now taxable regardless of size. Euro-denominated e-money tokens compliant with MiCAR remain at 26%. A stamp duty of 0.2% on total crypto holdings also applies.
The same rate applies however long you held.
A 10,000 EUR gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 33% | 3,300 | 6,700 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Europe
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Czechia | 23% | — |
| Georgia | — | — |
| Germany | 45% | — |
| Luxembourg | 42% | — |
| Malta | 35% | — |
| Portugal | 28% | — |
| Switzerland | — | — |
| Turkey | — | — |
Headline rate last checked 31 July 2026 · methodology