Italy imposes 20% tax on all incoming wire transfers. Bitcoin users not affected.

Discussion in 'Crypto Assets' started by peilthetraveler, Feb 16, 2014.

  1. I don't understand the rationale why one would squeeze the money supply. Potentially, this type of money would invest in Italy. I 'd do the other way around (to make it hard to take money out of Italy). probably, too much dark money generated by the Mafia :)
     
  2. Bac0n

    Bac0n

    Italy wants Cartels money, they want their cut i see :D
     
  3. Dunno if this news can be trusted as its from ZH.
     
  4. Hoi

    Hoi

  5. just21

    just21

    Not one mention of bitcoin in the comments under that article.
     
  6. LMAO. You bitcoin guys are just like penny stock promoters.
     
  7. <iframe width="560" height="315" src="//www.youtube.com/embed/eYPpDY0BA00" frameborder="0" allowfullscreen></iframe>
     
  8. I know Italys domestic taxes are as high as 60% for regular workers.. They even have automatic alerts to their tax collectors for transaction over 1000 euro..
     
  9. unless you can prove you're not a money launderer

    It seems to me that is a key element.

    The implication being that the majority of inbound to Italy wire transfers are about money laundering.:eek:
     
    #10     Feb 17, 2014