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Greece ends years of crypto tax uncertainty with new 10% levy on Bitcoin profits

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Greece ends years of crypto tax uncertainty with new 10% levy on Bitcoin profits

Annual gains up to €500 are exempt under the approved bill, while directives on transparency and audits are still forthcoming.

Greece has approved a 10% cryptocurrency capital gains tax and a separate 15% levy on staking and decentralized finance (DeFi) income.

The legislation, passed by parliament on Nov. 5, establishes the country's first comprehensive framework for taxing digital assets, with the new rules scheduled to take effect on Jan. 1, 2027.

According to Reuters, annual cryptocurrency gains of up to €500 will be exempt, while investors exceeding that threshold will face taxation on their profits.

The framework also allows qualifying losses to be carried forward for five years to offset future gains.

Under the finance ministry's October proposal, staking, lending and DeFi liquidity rewards would attract a 15% tax as interest income, separating those earnings from trading profits.

Reuters reports a 10% capital-gains tax with annual gains up to €500 exempt; implementation directives are forthcoming.

The consultation proposed 10% on individuals' transfer gains, generally transfer price minus acquisition price.

The consultation proposed treating staking, lending and liquidity returns as interest at 15%.

Parliament's approval settles the headline framework, while the promised directives address transparency and audit rules.

The graphic does not establish commencement, filing deadlines or the operation of the exemption above €500. The panel describes an October proposal, not final enacted staking or transfer-calculation rules.

Qualitative milestone map, not a time scale or a probability forecast. The selectable panel contrasts activity classifications in the October 7 consultation proposal.


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