The decree transposes the DAC8 directive into law, establishing new reporting obligations and providing for the automatic exchange of information on crypto-asset transactions by service operators.
Italy has published Legislative Decree No. 194/2025 in the Official Gazette No. 296 of 22 December 2025, which implements the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8).
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.
Legislative Decree No. 194/2025 will enter into force on 6 January 2026.
The new provisions align with the requirements set out in Law No. 91 of 13 June 2025 (the European Delegation Law 2024).
Earlier, Italy’s Council of Ministers announced that it had approved the Legislative Decree implementing the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226)(DAC8) on 4 December 2025.
