5min chapter

Coin Stories with Natalie Brunell cover image

News Block: BlackRock’s Fink Declares Bitcoin a New Asset Class, Country Hikes Bitcoin Capital Gains Tax, Do Tax Increases Decrease Govn't Debt?

Coin Stories with Natalie Brunell

CHAPTER

Bitcoin and the Rising Tide of Taxation: Implications and Insights

This chapter examines the consequences of Italy's increased capital gains tax on Bitcoin, which rose from 26% to 42%. It explores how such taxes may drive capital flight and positions Bitcoin as a potential safe haven amid rising government debt and economic uncertainty.

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