Greece Sets 15% Tax on Crypto Staking and DeFi Income
By Abdelaziz Fathi
AI summary of the source article
Greece's parliament approved a cryptocurrency tax framework introducing a 10% capital gains tax and a 15% levy on staking, lending, and DeFi returns. Taking effect on January 1, 2027, the legislation establishes the country's first comprehensive digital asset tax regime.
Why it matters
"The separate treatment is important because staking and liquidity returns do not necessarily involve selling an underlying investment. By classifying them as interest, Greece establishes a tax obligation when the income is received rather than waiting for the investor to convert the rewards into fiat currency."
Key facts
- Greece approved a 10% capital gains tax and a 15% tax on crypto lending, staking, and DeFi income, taking effect January 1, 2027.
- Gains up to €500 per tax year are exempt, but exceeding the threshold makes the entire net gain taxable.
- A 12-month voluntary disclosure window allows individuals to declare pre-2027 crypto income without late-filing fines or interest if paid within 60 days.
Source excerpt · FinanceFeeds
Greece Approves 10% Crypto Gains Tax, 15% on Staking and DeFi Income Greece's parliament approved a new cryptocurrency tax framework on November 5, introducing a 10% capital gains tax for individuals and a separate 15% levy on returns from staking, crypto lending and decentralized finance (DeFi). The legislation establishes the country's first comprehensive tax regime for digital assets, with the…