The government is planning to tax profits from cryptocurrencies, and the draft law is expected to be submitted to Parliament by the end of June.

The National Economy and Finance Ministry is in the final stages of drafting the bill’s provisions, with their tax rate remaining open.

Kathimerini understands the typical scenario provides for a capital gains tax between 15-20% on cryptocurrency profits, in order for the funds that have been invested to be recognized by the tax authorities. The law will apply retroactively, so those who already have profits from cryptocurrency sale will be able to use them, provided that the necessary supporting documents and evidence specified in the law’s provisions are submitted to the tax…