Greece ends years of crypto tax uncertainty with new 10% levy on Bitcoin profits

Greece ends years of crypto tax uncertainty with new 10% levy on Bitcoin profits

Summary

Greece’s parliament approved its first comprehensive crypto tax framework, taking effect Jan. 1, 2027. It sets a 10% tax on cryptocurrency gains above an annual €500 exemption and a 15% tax on staking, lending and DeFi income. Eligible losses may be carried forward for five years, and investors can voluntarily declare past gains during a 12-month window without penalties or interest, subject to conditions. The treatment of crypto-to-crypto swaps remains unclear. Authorities say overseas exchange use makes domestic activity—and potential tax revenue—difficult to measure. Further rules on transparency and audits are expected. The framework places Greece among Europe’s lower-tax jurisdictions, where crypto tax rates and holding-period exemptions vary widely.