How the Crypto Tax Calculator 2026 Works
This tool calculates the tax due on cryptocurrency capital gains in Italy, updated to the 2026 Budget Law which raised the rate from 26% to 33%.
The New Crypto Taxation from 2026
The 2026 Budget Law introduced significant changes to crypto-asset taxation in Italy: 2025 has a 26% rate with the EUR 2,000 exemption abolished; 2026 increases the rate to 33%, among the highest in Europe; EUR stablecoins compliant with the MiCA regulation remain at 26% even in 2026.
Capital gains are realized at the moment of sale, conversion to euros, or use for purchases. Simply holding crypto does not generate a taxable gain.
Loss Compensation
Realized capital losses can be offset against capital gains in the same year, and unused losses can be carried forward for 4 years. Tax loss harvesting -- selling losing positions to generate deductible losses -- is a legitimate strategy.
Reporting Obligations
Even without sales, anyone holding cryptocurrencies in Italy must report them in the RW Section of the tax return for fiscal monitoring, declare the value as of December 31, and in case of capital gains, complete the RT Section.
Note: This calculator uses Italian tax rates. Crypto tax regulations vary significantly by country. Always consult a tax professional for your specific jurisdiction.