TREE NEWS update: Greece has drafted a bill setting a 10% capital gains tax on crypto, lowered from the 15% rate floated in June, with the first €500 of annual gains exempt. The proposal lands as crypto tax rates across Europe range from 8% in Cyprus to 33% in Italy.
Greece Drafts 10% Crypto Capital Gains Tax, Down From 15% Proposal
The cut from a floated 15% to a drafted 10% signals Greece is competing for mobile crypto capital rather than maximising revenue, and the exemption threshold adds a retail-friendly tilt. That places it near the bloc's lighter end, well below Italy's top rate, sharpening the question of whether tax arbitrage shapes where European crypto activity and reporting sit. The open question is whether the draft survives legislative passage unchanged, and whether other higher-rate jurisdictions feel pressure to follow.
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