Greece Approves 10 Percent Cryptocurrency Capital Gains Tax
The Greek Parliament approved a comprehensive taxation framework for digital assets, introducing a 10 percent capital gains tax starting in 2027.
- A 10 percent tax on annual net cryptocurrency gains exceeding 500 euros.
- A 15 percent tax rate applied to staking, lending, and DeFi income.
- The new legislation officially takes effect on January 1, 2027.
Why this matters to investors: The framework establishes clear tax rules for digital asset holders in Greece, including loss carry-forward provisions and a voluntary disclosure window.
The Greek Parliament has approved legislation introducing a 10 percent tax on individual cryptocurrency capital gains, set to take effect on January 1, 2027. The framework applies to annual net gains exceeding 500 euros, while the first 500 euros remain exempt. Additionally, income from staking, cryptocurrency lending, and decentralised finance platforms will face a separate 15 percent tax. Eligible investment losses can be carried forward for up to five years. Investors will also have a 12-month window for voluntary disclosure of previously undeclared gains without late-filing penalties. The Finance Ministry indicated that swapping one digital asset for another will not immediately trigger a tax liability. This overview is for general information only and does not constitute financial or legal advice.
What this means for investors and your next steps
If you hold digital assets or plan financial activities in Greece leading up to 2027, understanding the new tax rules is essential for proper planning. The updated framework provides legal and financial clarity, yet it requires careful attention to reporting obligations with the Greek tax authorities. Before making major financial decisions, consult with a qualified accountant or tax advisor familiar with local regulations and cryptocurrency reporting requirements. Keep in mind that this overview serves as general information only, and you should always verify the latest guidelines directly with official sources in Greece or certified professionals.
FAQ
When does the new cryptocurrency tax in Greece take effect? The new taxation framework for digital assets is set to take effect on January 1, 2027.
What is the capital gains tax rate on crypto in Greece? The capital gains tax rate is 10 percent on annual net gains exceeding 500 euros.
Does swapping one cryptocurrency for another trigger immediate tax? According to the Finance Ministry, swapping one digital asset for another will not immediately trigger a tax liability.
Yavanet will keep updating from official sources.
