Greece Proposes 15% Capital Gains Tax on Cryptocurrency Profits
Greece's Finance Ministry is advancing legislation to impose a 15% tax on cryptocurrency gains, marking the first formal inclusion of digital assets in the country's tax code. The bill, expected to reach parliament within months, includes a €500 tax-free threshold for individual investors.
Individual miners will be exempt from the levy, though corporate mining operations remain subject to taxation. Officials acknowledge challenges in estimating the market size due to widespread use of foreign trading platforms. No revenue projections have been disclosed.
The proposed rate positions Greece midway in Europe's crypto tax spectrum, between Cyprus's 8% and France's 30%. This move comes as EU member states continue developing disparate frameworks for digital asset taxation.
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