Greece Plans 15% Crypto Capital Gains Tax With First €500 in Profits Exempt
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Greece's Finance Ministry is drafting legislation to impose a 15% capital gains tax on cryptocurrency profits, with the first €500 (≈$580) of annual gains exempt and the bill expected to reach parliament within months. The measure, which applies to corporate crypto miners but not individual mining operations, establishes a clear statutory framework to reduce legal ambiguity and sits between Cyprus (8%) and France (30%) to limit capital flight; the new taxation and compliance burdens could weigh on crypto adoption and trading activity.
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- Greece plans 15% crypto capital gains tax with first 500 euros of profits fully exempt.
- Tax applies to corporate crypto miners but not to individual mining operations in Greece.
- Greece’s 15% rate sits between Cyprus at 8% and France at 30% limiting capital flight risk.
Greece’s Finance Ministry is drafting legislation that will impose a 15% capital gains tax on cryptocurrency profits, two senior government officials confirmed to Reuters. The bill is expected to reach parliament within the coming months.
For the first time Greek crypto investors will operate under a clear statutory framework. Until now profits were not formally exempt but no specific regime existed for calculating or declaring gains. That legal ambiguity is what the new legislation directly addresses.
The first 500 euros, approximately $580, in annual gains will be exempt from taxation. The tax w…
Read The Full Article Greece Plans 15% Crypto Capital Gains Tax With First €500 in Profits Exempt On Coin Edition.
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