Greece prepares to levy 10% capital gains tax on cryptocurrency

Crypto gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament in November.

Source: CoinDesk

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DW NOTE

Greece is introducing a 10% capital gains tax on crypto with a €500 annual exemption — less than the cost of a decent dinner in Athens. The real story is that the rate is half what France, Germany, and Italy charge, turning Greece into a low-tax jurisdiction for digital assets. Strange times when the country that defaulted in 2015 is now undercutting Northern Europe on investment taxes.

Read the full story at CoinDesk →