Greece Proposes 10% Capital Gains Tax on Cryptocurrencies
Greece has published a draft bill proposing its first digital asset taxation framework, which includes a 10% capital gains tax on cryptocurrencies with a €500 annual exemption.
Greece is preparing its first digital asset taxation framework with draft legislation that proposes a 10% capital gains tax on cryptocurrencies.
According to Cointelegraph, the draft bill was published on Wednesday. Under the proposed framework, investors would face a flat 10% tax on capital gains generated from cryptocurrency transactions. However, the draft legislation includes an exemption for individuals with annual gains of up to 500 euros ($559.95).
Instant Telegram notifications for large on-chain moves.
The move represents Greece's first formal step toward establishing a dedicated tax structure for digital assets, bringing regulatory clarity to crypto investors in the country.
Key facts
- Greece published a draft bill on Wednesday proposing its first cryptocurrency tax framework.
- The legislation introduces a 10% capital gains tax on digital assets.
- Annual cryptocurrency gains of up to 500 euros ($559.95) are exempt from the tax.
Source: cointelegraph.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
