10% Crypto Gains Tax: Greece Publishes Draft Bill
Greece's finance ministry proposes a 10% tax on crypto gains, exempting the first €500 a year and crypto-to-crypto swaps. A parliament vote is eyed for November.
Greece's Ministry of National Economy and Finance on Oct. 7 published a draft bill that would impose a 10% tax on individuals' cryptocurrency capital gains, with the first €500 (about $560) of gains each year exempt. The bill is now in public consultation and is expected to go to parliament in November, according to Cointelegraph and CoinDesk, which cited Reuters.
Details
Per Cointelegraph, crypto-to-crypto swaps would not trigger the tax, so liability arises only when gains are cashed out. Income from staking, lending and liquidity provision would face a flat 10% rate. Investors who realized gains in earlier years could declare them voluntarily, without penalties, within 12 months of the law's publication. Consultation closes Oct. 22, and the ministry is targeting a parliamentary vote in the first week of November.
The rate is lower than what was floated earlier this year. In June, Skai and Reuters reported the government was preparing a 15% levy. Elsewhere in Europe, Austria taxes crypto gains at 27.5% and France at 30%, while Germany has reportedly drafted plans to apply its standard 25% rate from 2028 and drop the exemption for coins held longer than a year.
Greece has no dedicated crypto tax regime today, and the ministry says the bill fills that gap. The country is also implementing the EU's DAC8 directive: since Jan. 1, 2026, crypto service providers have been collecting transaction data on EU users for tax authorities, with the first cross-border exchanges due by Sept. 30, 2027.
What it means for the market
The bill won't move prices on its own, but it fits a wider trend: European governments are formalizing crypto taxation, and DAC8 makes gains on offshore platforms harder to hide. A 10% rate with a €500 allowance and tax-free swaps would rank among the lightest regimes in the EU.
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