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![belizardd Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1485245285924282369.png) defizard [@belizardd](/creator/twitter/belizardd) on x 61.1K followers
Created: 2025-07-17 09:00:34 UTC

VI. Italy

- Crypto is subject to Capital Gains Tax at XX%
- Only gains equal or greater than €2,000 are taxable
- Taxable transactions include selling crypto for $EUR, trading crypto, and spending crypto
- You should use the LIFO method to calculate cost basis
- The guidance is unclear but some transactions may also be subject to Income Tax at up to XX%

![](https://pbs.twimg.com/media/GwDECycbgAACnsk.png)

XXX engagements

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**Related Topics**
[euro](/topic/euro)
[$eur](/topic/$eur)
[capital gains](/topic/capital-gains)
[tax bracket](/topic/tax-bracket)
[italy](/topic/italy)

[Post Link](https://x.com/belizardd/status/1945770593686819194)