The Greek parliament approved legislation establishing a 10% capital gains tax on cryptocurrency investments, scheduled to take effect across the country on January 1, 2027.
The statutory tax applies to fiat liquidations and crypto payments utilized for real-world goods and services. In contrast, token-to-token swaps remain excluded from taxable gain calculations.
The statute introduces an annual exemption threshold on net profits up to 500 euros. Investors failing to produce purchase history documentation will face an acquisition cost registered at zero.
This legislative rollout arrives as domestic authorities expand surveillance over market participants. Institutional oversight reached a precedent when Greece adds four crypto providers under MiCA to formalize trading venues.
The approved framework establishes separate rates for decentralized revenue instruments. Yields from staking and digital asset lending face a 15% tax, classing these operations under interest income rules.
Taxpayers can utilize a 12-month disclosure window to report prior digital holdings. This mechanism exempts voluntary declarations from legacy penalties, as confirmed by the statutory analysis by OT.gr following the parliamentary vote.
The approved 10% baseline sets Greece below regional peers, contrasting with France’s 31.4% combined rate and Austria’s 27.5% threshold for investment gains.
The Ministry of Economy and Finance will issue technical filing guidelines ahead of implementation.
This article is for informational purposes only and does not constitute financial advice.
