The Greek Ministry of National Economy and Finance has published a draft bill introducing a 10% capital gains tax on cryptocurrency transactions. This proposal marks the country's first specialized tax framework for digital assets, aiming to provide regulatory clarity for local holders.
The draft includes an annual tax-free threshold of €500 for individuals. Furthermore, income derived from staking, lending, and liquidity provision will be taxed at the same 10% rate, though it is categorized as interest rather than capital gains.
The legislation provides specific exemptions for active traders. Swapping one cryptocurrency for another will not be considered a taxable event, and crypto sales will be exempt from digital transaction fees. Tax obligations will only arise upon the final sale of assets.
The current 10% rate is a reduction from the 15% figure initially suggested by the government in June 2026. The bill also offers a 12-month grace period after enactment, allowing individuals to voluntarily declare past gains without incurring penalties or interest.
The proposed framework aligns Greece with European Union transparency standards, including DAC8. As the bill is currently in the consultation phase, the final terms remain subject to potential adjustments before becoming law.
