Greece plans 10% capital gains tax on cryptocurrencies
Greece has put forward draft legislation to tax individual cryptocurrency gains at 10%, with an annual €500 exemption and a plan to send the bill to parliament in November. One earlier description had a 15% rate, but the draft released for public consultation uses 10%.
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Crypto users and holders in Greece are the people most directly affected today, because the draft bill spells out a 10% capital gains tax with a €500 annual exemption and a November trip to parliament. That gives individuals a concrete rule set to watch as the public consultation and legislative process continue.
In practice, the draft changes the tax rate now on paper from the 15% figure officials mentioned in June to 10% in the public consultation version. What stays the same is that the proposal still taxes individual crypto gains and still leaves the first €500 of annual gains untaxed.
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|---|---|---|
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| 4 months ago | BTC a 5.857e+04 $ low | today it sits +38.9 % from there |
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