Greece has proposed a 10% capital gains tax on cryptocurrency profits, with an annual exemption of €500, under draft legislation scheduled to reach parliament in November.
Summary
- Greece has proposed a 10% capital gains tax on cryptocurrency profits, with annual gains of up to €500 exempt from the proposed levy.
- The draft legislation has been released for public consultation and is expected to reach the Greek parliament in November.
- An earlier proposal considered a 15% tax rate, but the latest draft has lowered the proposed rate while retaining the annual exemption.
- Greek officials have not estimated potential tax revenue because most domestic cryptocurrency investors…
