Greece Sets Crypto Capital Gains Tax at 10%, Lowering the Rate from June Proposal
Greece moves to 10% crypto capital gains rate
Greece plans to impose a 10% tax on profits from selling crypto assets. The rate is lower than the 15% figure that was first suggested in June.
A capital gains tax is charged on the profit made when an asset is sold for more than its purchase price.
What the change means
- Greece's proposed crypto capital gains tax rate is now 10%, down from 15%.
- The higher 15% rate was floated in June before being reduced.
Why this matters for crypto investors
Greece's decision to lower the rate from 15% to 10% could make the country a more attractive place for people who trade or invest in crypto. A lower tax rate generally means investors keep more of their profits.
What is still unclear
The source does not say when the new 10% rate will take effect, whether it applies to all crypto profits or only those above a certain threshold, or what other tax rules may accompany it. These details have not been confirmed.
Source
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