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Greece Proposes 10% Crypto Capital Gains Tax

The draft sets rules for staking income and token swaps and signals reliance on new EU reporting to help track cross‑border crypto activity.

Overview

  • The government published a draft bill for public consultation on Oct. 7–8, 2026 that would create Greece’s first dedicated crypto tax framework and is slated for parliamentary submission in November.
  • The proposal levies a flat 10% tax on crypto capital gains while exempting the first €500 of annual gains, though the draft does not yet define how that exemption or loss offset rules would be applied.
  • Income from staking, lending and liquidity provision is treated as interest and taxed at 10%, and the draft explicitly says swapping one token for another will not be a taxable event.
  • The bill offers a 12‑month voluntary declaration window after it takes effect for taxpayers to report prior gains without penalties or interest, a move meant to ease compliance.
  • Officials have not estimated revenue and say enforcement is hard because many Greeks use foreign platforms, so the government plans to rely on EU DAC8 reporting for cross‑border data while key technical rules remain unresolved.