{"id":"tp-13197","type":"article-newspaper","title":"Italy Drops Bitcoin Tax Bombshell: Capital Gains to Soar to 42% in Shocking Budget Move","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/13197","datePublished":"2024-10-17T03:13:40.000Z","dateModified":"2024-10-17T03:13:40.000Z","language":"en","abstract":"In a shocking budget proposal, the Italian government is set to raise the capital gains tax on Bitcoin from 26% to 42%, creating major concerns for crypto investors as the country seeks new revenue sources.","section":"Business","references":[{"title":"Cointelegraph","url":"http://cointelegraph.com/news/italy-bitcoin-increase-capital-gains-tax-26-to-42"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}