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Greece Eyes 15% Capital Gains Tax on Cryptocurrency Profits

Greece plans to introduce a 15% capital gains tax on cryptocurrency transactions, marking a significant shift toward formalizing digital asset oversight. Government officials confirmed the Finance Ministry is drafting legislation to integrate crypto earnings into the national tax code, with a formal proposal expected to reach parliament in the coming months.

Greece Eyes 15% Capital Gains Tax on Cryptocurrency Profits

The proposed framework establishes a tax-free threshold for the first 500 euros of gains. While individual crypto mining remains exempt from this levy, the government intends to tax mining operations that are registered as corporate entities. This move places Greece in a middle ground compared to other European Union nations, where rates currently fluctuate from 8% in Cyprus to 30% in France.

Authorities acknowledge the difficulty in predicting potential state revenue, noting that most Greek investors utilize international platforms rather than local exchanges. The current lack of a unified European Union taxation policy for the sector has compelled Athens to draft its own regulations to fill the existing legal void.

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