Italian lawmakers urge government to scale back crypto, web tax plans

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ROME : Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a digital tax, a parliamentary document showed on Tuesday.

If approved, Forza Italia's amendment would preserve the two revenue floors.

To overcome the party spat, Giorgetti this month said he was ready to review the measure by considering different forms of taxation.

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Category: EconomyBusiness

Markets: SingaporeItalyUnited States

Topics: Party Italy Giorgetti Italian Economy Finance 2024 Amendment Minister Cent Giancarlo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 22:08:47 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23699646

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