Greece Approves 10% Crypto Capital Gains Tax Effective 2027

The Hellenic Parliament approved legislation establishing a formal tax framework for digital assets, introducing a 10% tax on cryptocurrency gains set to take effect on Jan. 1, 2027 ¹. The provisions were passed on Thursday as part of a broader statute addressing loan oversight, borrower protections, and financial market regulation ¹.

Under the newly enacted rules, profits generated from the sale of digital assets will face a 10% levy, though individuals earning net annual gains of €500 or less remain exempt ¹. The law distinguishes direct asset disposals from other crypto activities: swapping one cryptocurrency for another will not incur taxable capital gains, while utilizing tokens to buy goods or services may trigger taxable events ¹. The parliament also established a separate 15% tax bracket targeting income derived from staking, crypto lending, and decentralized finance liquidity provision ¹.

Voluntary Disclosure Window

The statutory framework follows an initial regulatory outline put forward by Greece's Ministry of National Economy and Finance in October ¹. The move aligns with wider regional compliance efforts across the European Union, which has been expanding its administrative reach over the asset class through measures like the EU DAC8 crypto tax reporting rules scheduled for implementation around the same period.

To facilitate the transition, Greek lawmakers included a temporary compliance runway ¹. Investors will receive a 12-month window to voluntarily declare previously unreported digital asset gains ¹. Taxpayers who file these disclosures must remit the owed taxes within 60 days of submission to avert standard statutory penalties and accrued interest ¹. At the time of writing, the broader digital asset market was trading lower, with $BTC changing hands around $76,011 and $ETH at $2,237.