ITALY PLANS TO RAISE CAPITAL GAINS TAX ON BITCOIN FROM 26% TO 42%

Summary from the TLDR Crypto newsletter

According to Vice Economy Minister Maurizio Leo, Italy plans to increase the capital gains tax on bitcoin and other crypto from 26% to 42% in its 2025 budget to generate funds for social support programs. This move comes despite Prime Minister Giorgia Meloni's earlier statement that there would be no new taxes for citizens. Taxes for other assets will stay at 26%.