Crypto Tax in 🇮🇹 Italy (2026)

Updated June 2026· By Net Life Value Editorial

How a private crypto investor is taxed in Italy: Crypto gains are taxed as a flat substitute tax — 26% on gains realised in 2025, rising to 33% from 1 January 2026 — with no holding-period exemption; euro-stablecoin gains stay at 26% and staking is taxed as miscellaneous income.

Crypto tax

How Italy taxes a private crypto investor — not part of the NLV score

Flat rate
36/100
Heavy

Crypto gains are taxed as a flat substitute tax — 26% on gains realised in 2025, rising to 33% from 1 January 2026 — with no holding-period exemption; euro-stablecoin gains stay at 26% and staking is taxed as miscellaneous income.

Short-term gains
33%
Long-term gains
33%
Holding to exempt
None
Staking rewards
Taxed as income
Annual allowance
None
VAT on crypto
Exempt

Crypto tax is national — these rules apply to a private individual investor, not a professional trader or company, and are not part of the NLV score. This is general information, not tax advice — rules change and depend on your residency and circumstances. Confirm with the linked tax authority or a qualified adviser.

What you would owe

Estimated tax for a private investor on a realised gain in Italy, by holding period. Figures in USD.

ScenarioRateTaxYou keep
$10,000 gain · Held 6 months33%$3,300$6,700
$10,000 gain · Held 2 years33%$3,300$6,700
$50,000 gain · Held 6 months33%$16,500$33,500
$50,000 gain · Held 2 years33%$16,500$33,500

Simplified estimate — applies the headline rate, holding-period exemption and any annual allowance. Try the full calculator for any amount.

Italy crypto tax — FAQ

Is cryptocurrency tax-free in Italy?

No. Crypto gains are taxed as a flat substitute tax — 26% on gains realised in 2025, rising to 33% from 1 January 2026 — with no holding-period exemption; euro-stablecoin gains stay at 26% and staking is taxed as miscellaneous income.

How is crypto taxed in Italy in 2026?

Crypto gains are taxed as a flat substitute tax — 26% on gains realised in 2025, rising to 33% from 1 January 2026 — with no holding-period exemption; euro-stablecoin gains stay at 26% and staking is taxed as miscellaneous income. This applies to a private individual investor; professional traders and companies are taxed under different rules.

How are crypto staking rewards taxed in Italy?

Staking rewards are taxed as income in Italy.

Is there VAT on buying or selling crypto in Italy?

No. Exchanging crypto for fiat money or for other crypto is VAT-exempt in Italy.

Data last updated: · Sources: Crypto-tax treatment reviewed 2026-06-01 from official sources — see the panel above. General information, not tax advice.. See methodology.