Greece Proposes 10% Crypto Capital Gains Tax in First Digital Asset Framework
Greece's draft law would impose a 10% capital gains tax on cryptocurrency, with annual gains up to 500 euros exempt, according to CoinTelegraph.
Greece has unveiled a draft law that would introduce a 10% capital gains tax on cryptocurrency, according to CoinTelegraph. The proposal marks the country's first framework for taxing digital assets.
Under the draft, annual crypto gains up to 500 euros would be exempt from taxation. The exemption applies per year, meaning gains below that threshold would not be taxed.
The draft law is a proposal and has not yet been enacted. No further details on the timeline for consideration or implementation were provided.
Quick answers
What is Greece's proposed tax rate on cryptocurrency gains?
The draft law proposes a 10% capital gains tax on cryptocurrency.
Is there an exemption for small crypto gains in Greece?
Yes, annual crypto gains up to 500 euros would be exempt under the draft.