Cryptobbt

Greece will tax crypto gains at 10% and staking income at 15%

Why it matters

If you serve Greek clients, they will need clean records of what each crypto holding cost and when it was spent, because paying for goods with crypto counts too. Whether coin-to-coin swaps are caught is still unclear.

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The short version

Greece's parliament has approved a 10% tax on people's yearly crypto profits once they pass €500, plus 15% on income from lending out or locking up coins, CoinDesk reported on 6 November. The rules start on 1 January 2027. People get 12 months to declare past profits without late penalties.

Here's what happened. Greek lawmakers have approved new crypto tax rules that take effect on 1 January 2027, CoinDesk reported. Individuals will pay 10% on yearly net crypto gains above €500.

The catch: once you cross €500, the whole gain is taxed, not just the part above it. The tax also applies when crypto is used to pay for goods or services, not only when it is sold for cash.

Income from staking (locking up coins to help run a blockchain in return for rewards), crypto lending and supplying money to decentralised finance apps will be treated like interest and taxed at 15%, according to the Finance Ministry.

Losses above €500 in a year can be carried forward for five years. There is also a 12-month window to declare past gains without late-filing fines or interest, as long as the tax is paid within 60 days of declaring.

One open question. The Finance Ministry says swapping one coin for another won't be taxed. But parliament's own Scientific Service warned that the bill's wording could catch those swaps, CoinDesk said.

Where this comes from

  1. Greece approves 10% tax on crypto gains and 15% levy on DeFi income · CoinDesk

Written with AI from the sources above and checked against them before publishing. Here's how we work. This is news, not financial advice. Spotted a mistake? Tell us.

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