The decree implements the DAC8 directive, introducing reporting requirements and the automatic exchange of data on crypto-asset transactions by operators.
Italy’s Council of Ministers announced it has preliminarily approved the Legislative Decree implementing the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226)(DAC8) on 8 October 2025.
The new provisions align with the requirements provided by Law No. 91 of 13 June 2025 (the European Delegation Law 2024).
The measure implements the DAC8 directive, introducing reporting requirements and the automatic exchange of data on crypto-asset transactions by operators, thus expanding the scope of international administrative cooperation in the tax area.
It also broadens the scope of information exchange to include cross-border tax arrangements involving high-net-worth individuals. The aim is to strengthen the fight against tax evasion, in line with international standards, including non-harmonised taxes and duties.
DAC8 is a new EU directive that broadens tax reporting requirements to cover crypto-assets and digital currencies. Its goal is to enhance transparency and strengthen efforts to combat tax fraud across member states. DAC8 is based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the updated Common Reporting Standard (CRS) for automatic exchange of financial account information.
Earlier, Italy published Law No. 91 of 13 June 2025 in the Official Gazette No. 145 of 25 June 2025, enacting the European Delegation Law 2024, empowering the government to implement specific EU Directives via Legislative Decrees without requiring additional parliamentary approval.
