Greece sets crypto gains tax rate at 10%.
The crypto tax framework passed by the Greek parliament stipulates that gains from crypto assets are taxed at 10%, while staking and DeFi income are taxed at 15%. The annual tax-free allowance for gains is €500 (about $557). Decrypt reports that lawmakers have yet to clarify how token swaps will be taxed.
· Under these thresholds, people with annual gains below €500 owe no tax; only gains above that amount are taxed at the 10% rate.
· Staking and DeFi income are subject to a separate 15% rate, setting them apart from ordinary gains. However, how swaps will be taxed remains unclear.
Would you first calculate the tax-free allowance threshold, or look at how staking income is classified?
The crypto tax framework passed by the Greek parliament stipulates that gains from crypto assets are taxed at 10%, while staking and DeFi income are taxed at 15%. The annual tax-free allowance for gains is €500 (about $557). Decrypt reports that lawmakers have yet to clarify how token swaps will be taxed.
· Under these thresholds, people with annual gains below €500 owe no tax; only gains above that amount are taxed at the 10% rate.
· Staking and DeFi income are subject to a separate 15% rate, setting them apart from ordinary gains. However, how swaps will be taxed remains unclear.
Would you first calculate the tax-free allowance threshold, or look at how staking income is classified?
