Overview
- An amendment to the 2026 budget would let households revalue bars, plates and coins at a 12.5% substitute tax if completed by 30 June 2026.
- The measure, filed by Giulio Centemero of Lega and Maurizio Casasco of Forza Italia, focuses on holdings lacking purchase documentation as of 1 January 2026.
- Under current practice, absent proof of cost, sales can be taxed at 26% on the full value rather than on capital gains.
- The revaluation process would be handled by intermediaries registered in the gold operators’ registry at the Organismo Agenti e Mediatori.
- Cited estimates value household investment gold at €133–166 billion, with a 10% uptake modeled to yield about €1.67–2.08 billion.