Understanding Cryptocurrencies and Crowdfunding Real Estate for Isee Purposes
In recent years, interest in cryptocurrencies has grown exponentially, with more and more Italians choosing to invest in digital assets such as Bitcoin, Ethereum, and other virtual currencies. However, as these financial instruments become more widespread, new tax issues emerge, including the need to declare them for the purpose of calculating the Isee.
The Equivalent Economic Situation Indicator (Isee) is a vital document to access a range of public benefits, such as scholarships, bonuses, and tax reductions. The calculation of Isee is based on the composition of the household, income, and mobile and real estate assets. But should cryptocurrencies be included in the Declaration of Unique Substitute (Dsu) form? The answer is yes, and the Ministry of Labor and Social Policies has provided precise guidelines on how to do so.
In this article:
- How to declare cryptocurrencies in the Isee
- Isee 2025, should crowdfunding real estate be declared?
- Conclusions
How to declare cryptocurrencies in the Isee
Cryptocurrencies fall under the mobile asset category and must be declared in the Dsu form for Isee calculation purposes. The value to be indicated is the one held on December 31st of the previous year and must be converted into euros based on the official reference quotation.
The declaration methods vary depending on the type of possession:
- If cryptocurrencies are stored in a dedicated current account, they should be included in section I of form FC2 in the Dsu as a regular financial relationship, using the appropriate code (e.g., type 1 for a cryptocurrency current account).
- If they are held in a digital wallet at a registered virtual currency service provider (vasp) with the Organism of Agents and Intermediaries (Oam), they should be reported in section II of form FC2 with code 99 and the euro equivalent value.
In addition to Isee, cryptocurrencies must also be considered for tax purposes in the income tax return, particularly in the 730/2025 form. Gains from the sale of cryptocurrencies are subject to taxation and must be declared in the T section, while the W section should include crypto assets not held by Italian intermediaries subject to the 2 per mille stamp duty tax.
Isee 2025, should crowdfunding real estate be declared?
Another increasingly popular form of investment is real estate crowdfunding, which allows individuals to participate in real estate development or acquisition projects through authorized platforms. This type of investment should also be included in the Dsu, falling under the mobile asset category.
The declaration methods depend on the nature of the investment:
- If the investor has purchased shareholding units in a real estate company, they must be listed in section II of form FC2 with code 02.
- If they have invested in a non-listed company, the investment should be declared with code 99.
For real estate crowdfunding as well, the value to declare is that on December 31st of the previous year, converted into euros based on the official valuation.
Conclusions
Cryptocurrencies and crowdfunding real estate investments must be mandatory declared in the Isee, as they are part of the household’s mobile assets. Properly indicating them in the Dsu form is crucial to avoid errors in determining the Isee, which could affect access to subsidized social services.
With the evolution of tax regulations, it is increasingly important to be aware of the declarative obligations related to digital assets and financial investments. For those who own cryptocurrencies or participate in crowdfunding projects, it is advisable to consult a tax expert to ensure correct completion of the declaration and compliance with legal obligations.
