Greece Enacts 10% Tax on Crypto Gains Set for 2027 Implementation
Greece’s parliament has passed a law establishing a 10% tax on profits earned from cryptocurrency, setting fresh guidelines for investors ahead of the levy’s start in 2027.
On Thursday, the Greek Parliament approved these tax provisions as part of a larger legislation package addressing loan monitoring, debt safeguards, and the regulation of financial markets.
The legislation imposes a 10% tax on profits derived from selling crypto assets, but exempts those investors whose annual crypto earnings are below 500 euros (approximately $560), according to Friday’s report by the local financial magazine Oikonomikos Tachydromos. This regulation will take effect from January 1, 2027.
Additionally, the law introduces a 15% tax on revenues obtained through staking, crypto lending, and liquidity provision to decentralized protocols. Using cryptocurrencies to pay for goods or services could also incur capital gains tax, whereas exchanging one cryptocurrency for another does not trigger taxable gains.
The Ministry of National Economy and Finance of Greece initially proposed this tax in October. The legislation allows investors a 12-month window to voluntarily disclose any previously undeclared crypto earnings. To avoid fines and interest, the tax must be paid within 60 days following the declaration submission.
This tax legislation marks a significant regulatory development as Greece formalizes cryptocurrency taxation rules and sets a clear framework for investor compliance by 2027.
Why it matters
These tax measures establish clearer guidelines and fiscal responsibilities for crypto investors in Greece, aligning the country with growing global efforts to regulate digital asset profits.
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