As everyone will be aware, a guideline concerning the new Budget Law 2023 and the rules concerning the declaration and taxation of one’s crypto assets has finally been made public in recent weeks.
Despite this, the majority of the blockchain technology user community has not shown much approval for some of the points listed in the law, especially those concerning taxation via a two per thousand stamp duty, which from January 2023 imposes the obligation to pay a stamp duty equal to two per thousand of the total value of crypto assets. There is also discontent with the 0.5 per cent penalty, the one for non-monitoring, which applies for years prior to 2020, thus a penalty with retroactive power.
In this regard, in order to better understand the sentiment of the average user, it was decided to create an online survey in the Telegram group ‘WeAreBlockchain’ on 2 February. In addition to extrapolating the first data about the law’s approval ratings, the poll was also created to inform and raise awareness among the community of crypto investors and blockchain technology enthusiasts about the new rules introduced by the government.
This is to underline how in previous years, none of the state financial institutions have ever been able to provide clear and transparent guidelines for everyone. In fact, in the majority of cases, even experts in the field such as accountants have hardly ever been able to provide concrete and, above all, uniform help to clients who have requested clarification regarding the declaration of their crypto assets for tax purposes.
Our goal
Our aim is therefore not only to collect data, but we would like to aim for a concrete defence of users’ and consumers’ rights (as in the case of users who have used CeFi platforms and products, some of which were widely sponsored nationwide well before a clear and transparent law was made available to all).
We would like to understand, together with the entire Italian community, which points of this 2023 budget law could and/or should be amended, so as not to penalise all those people who, in the past, have always tried to remain in compliance by turning to relevant figures and bodies (such as the revenue agency itself) without ever finding an official and convincing answer.
Below are the slides with the questions and results of our first online survey.
In conclusion
Despite the fact that the turnout was not very high (also due to the fact that the survey was only offered in a specific Telegram group), we can still say that the number of people taking part is still very useful for drawing fairly convincing conclusions.
In fact, it seems that the majority of the people who voted found themselves with a rather aligned sentiment, demonstrating a certain homogeneity even in the graphs.
It may not be easy to arrive at concrete results, but we hope to give everyone a chance to express and make their opinions heard, especially with wider public participation in possible future surveys.
