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Greece plans 10% cryptocurrency capital gains tax
The draft would also tax staking and lending income at the same rate, while officials say they cannot yet estimate revenue.
On Thursday, October 8, Greece published a draft bill to impose a 10% capital gains tax on cryptocurrencies, establishing a formal framework for digital-asset profits in the country.
The proposed rate is among the lower ones imposed by European Union countries, where taxation typically ranges from 8% to 30% and no unified system exists across the sector.
Annual gains up to 500 euros would be exempt under the legislation, which Greek officials expect to submit to parliament in November.
Officials have not provided revenue projections, citing difficulty in gauging the domestic cryptocurrency market size since most investors use platforms based outside Greece.
Germany, France, and Italy are planning capital gains rates exceeding 25%, reflecting a broader trend of aligning crypto tax treatments with traditional assets like stocks.