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Tag: Crypto-Assets

EU DAC8 agreed – Crypto assets tax reporting harmonisation Jan 2026

EU DAC8 agreed – Crypto assets tax reporting harmonisation Jan 2026

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DAC8 agreed by ECOFIN to harmonise EU tax reporting by e-money, crypto asset and cryptocurrency intermediaries from 1 January 2024 EU Finance Ministers yesterday approved (ECOFIN) the European Commission (EC) December 2022 new proposed Directive on Administrative Cooperation covering tax reporting on cryptocurrencies, Non-fungible tokens
Italy exempt Cryptoassets mining and utility tokens for funding offers from VAT

Italy exempt Cryptoassets mining and utility tokens for funding offers from VAT

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Two rulings clarify VAT liabilities on Cryptoassets The Italian Agenzi Entrate has provided guidance on the VAT liabilities of Cryptoassets in two rulings VAT exemption for Cryptoassets Mining The tax authorities stated that mining or forging (creation) of cryptoassets is an exempt activity. This is

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