Italy plans to impose a 33% exit tax on crypto asset holders relocating overseas, with unrealized gains also subject to taxation.

According to Italian crypto media Criptovaluta.it, Italy is discussing adding an Exit Tax to its new annual budget bill, which would levy a tax of up to 33% on unrealized capital gains for crypto asset holders relocating overseas, potentially triggering a tax liability even if the relevant Bitcoin or other crypto assets have not yet been sold.