Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate
By Micah Zimmerman
AI summary of the source article
Greece's parliament approved a bill establishing a 10% capital gains tax on cryptocurrencies starting January 1, 2027. The framework exempts annual net gains up to €500 and treats crypto-to-crypto swaps as non-taxable events.
Why it matters
That matters for anyone in Greece who pays a merchant in bitcoin rather than converting first.
Key facts
- Greece's parliament passed a 10% capital gains tax on crypto assets, taking effect on January 1, 2027.
- Net annual gains up to €500 are exempt, but exceeding that ceiling subjects the full net gain to the 10% rate.
- Taxable transfers include selling for euros or buying goods and services, while crypto-to-crypto swaps are non-taxable.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate Greece's parliament approved a 10% capital gains tax on cryptocurrencies, the country's first dedicated crypto tax framework, with annual gains up to €500 exempt. This post Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate first appeared on Bitcoin Magazine a…