Greece Plans 10% Crypto Capital Gains Tax With €500 Exemption
Greece is preparing legislation to impose a 10% tax on cryptocurrency capital gains. A draft bill released for public consultation exempts annual gains of up to €500. The government plans to submit the measure to Parliament in November.
The proposal would establish Greece’s first comprehensive framework for taxing crypto investment gains. The draft generally calculates taxable profit from the difference between acquisition and sale prices. It also excludes crypto-to-crypto exchanges from capital gains tax. Returns from activities such as staking, lending and liquidity provision would face a separate 10% tax under the draft.
Greece currently lacks a comprehensive crypto tax framework, while EU countries apply different rates. Greek officials say estimating potential revenue remains difficult because many domestic investors use overseas trading platforms. The proposal follows an earlier plan for a 15% rate and remains subject to parliamentary approval.
Why it matters
The proposal could give Greek crypto investors clearer tax rules while adding a new compliance burden. It may also influence how other European jurisdictions structure digital asset taxation.
