Blasio Legal Advisors Group
Crypto activity
Approved the law for
the emersion of the crypto activities
not declared for tax purposes
Our consultancy service for the regularization of undeclared crypto currencies is operational
our team of experts has worked already in 2015 and 2017 on the occasion of the voluntary disclosure for the regularization of undeclared foreign capitals.
Following the approval of the 2023 Budget Law, on 29 December 2022, the regularization of crypto assets not declared as of 31 December 2021 in one's tax return was envisaged, through a specific application for disclosure to be presented to the Revenue Agency.
Our firm provides assistance and consultancy in favor of traders, investors, individuals and companies in this way, those who have made capital gains not declared to the taxes will be able to comply with the payment, for each year of undeclared tax, a substitute tax of 3.5%, in addition to the payment of an additional 0.5%. % as sanctions. Those who have not realized capital gains will only pay a penalty of 0.5%, for each year of undeclared tax.
The budget law also provides for a general regulation of the sector, with effect from next january 2023.
Capital gains from cryptocurrencies will constitute different income, taxed at 26%, if exceeding euro 2.000,00 per tax year, with the obligation of a declaration. our team is made up of lawyers and accountants with consolidated experience in the crypto and digital assets sector and we assist private investors and companies which already operate or wish to operate in cryptocurrencies, smart contracts, nft, as well as goods and services that use the blockchain technology. filling the form here attached you will be contacted by a lawyer from our team who will provide you with further information and you will be sent an estimate of our fees.
Legge di bilancio n.197 del 29 Dicembre 2022
Department of the Treasury Guidelines
Tax Treatment Revenue Agency 2016
Reply Revenue Agency 2021
BY FILLING IN THE FORM BELOW, YOU WILL BE CONTACTED BY A LAWYER FROM OUR TEAM WHO WILL PROVIDE YOU WITH ALL THE NECESSARY INFORMATION. THE REQUEST IS COMPLETELY FREE, NOT BINDING AND DOES NOT INVOLVE THE SUBSCRIPTION TO ANY MAILING-LIST.