Greece Approves 10% Crypto Tax Starting in 2027
Greece’s parliament approved a comprehensive crypto tax framework taking effect January 1, 2027. Individuals will pay 10% on annual net gains above a €500 exemption, with eligible costs deductible; merely holding appreciated assets is not taxable. Selling crypto for fiat or using it to buy goods and services may trigger tax, while crypto-to-crypto trades are intended to remain untaxed, though the wording has drawn questions. Staking, crypto lending and DeFi liquidity income will face a separate 15% rate. Qualifying annual losses above €500 can be carried forward for five years. Investors may voluntarily disclose past gains within 12 months without late penalties or interest, subject to conditions. New reporting rules will require evidence that crypto purchases were funded through lawful or declared income.
