Crypto tax in Italy
Rules verified in September 2026.
Short term
33%
Long term
33%
Holding period
No threshold (abolished)
Annual allowance
Not applicable
Legislation
Legge 197/2022 / Legge 199/2025
In short
Since 1 January 2026 (Law 199/2025), Italy applies a flat 33% rate on ALL crypto capital gains — the former €2,000 threshold was abolished. MiCA-compliant euro stablecoins keep 26%. No distinction between short and long term.
Key points
- 33% flat rate since 2026 (was 26% in 2025)
- €2,000 threshold abolished — every gain is taxable
- MiCA euro stablecoins keep 26%
- Alternative option: 18% on holdings value at 1 January
- No time distinction (short/long term)
- Declare in Quadro RT of the tax return
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under FIFO, convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing.