Greece’s Parliament approved a bill on Thursday establishing the country’s first formal tax framework for digital assets. The legislation sets a 10% capital gains tax on profits from crypto-asset transfers, down from an initial 15% proposal debated earlier in the year. It fully exempts retail investors whose cumulative annual net returns do not exceed €500.
For cost calculations, the framework standardizes the average acquisition price method. Income from staking and crypto lending will be classified as interest and taxed at a 15% rate. The regulation also allows crypto-related losses to be offset against gains for up to five years.
The Greek Ministry of Finance is expected to publish detailed guidelines on auditing, reporting and financial information exchange in the coming weeks. It will also open a twelve-month voluntary disclosure window for past gains.
