Digital Currency / Law

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Greek Parliament Passes Bill Imposing 10% Tax on Crypto Gains

The measure sets an annual exemption of about $563, with formal publication in the Government Gazette still outstanding.

Updated 1 min read
Members sit in the chamber of the Hellenic Parliament in Athens, Greece. / EconoTimes.ai
Members sit in the chamber of the Hellenic Parliament in Athens, Greece. / EconoTimes.ai

Greece’s Parliament passed a bill imposing a 10% tax on cryptocurrency capital gains Nov. 5, advancing a new levy while publication in the Government Gazette remains pending.

The bill exempts annual gains of up to about $563. A Ministry of National Economy and Finance draft put out for public consultation Oct. 7 had proposed a 10% tax on individuals’ gains from crypto-asset transfers, with an exemption for annual gains of €500 or less.

The ministry said its proposal was intended to address a gap in legislation and give taxpayers more certainty. An unnamed senior official said details on the transparency and audit provisions should be available in the weeks ahead.

Publication in the Government Gazette remained pending after the vote, as EconoTimes previously reported in its coverage of the bill’s status.

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