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stablecoins arent crypto in EU anymore, its e-money. No tax on converting to euros.
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why its fucking high ??
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I don't know. It used to be 26%, like capital gains from shares, securities, etc. but since 1st January 2026 crypto is taxed at 33% unless it's euro stablecoins (still 26%).

At this point, I think most crypto investors in Italy will just evade taxes altogether.

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Same in a lot of countries - he said profits - it’s a taxable gain like any other asset or holding.
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