TechFlow News, June 5: According to Reuters, Greece is preparing legislation to impose a 15% tax on cryptocurrency capital gains; the relevant bill is expected to be submitted to parliament in the coming months. Two government officials familiar with the matter said the move aims to bring cryptocurrencies under the country’s tax code.
Under the plan, capital gains up to €500 will be tax-exempt; individual cryptocurrency mining will not be subject to this tax, but mining conducted by registered companies will be taxable. The report notes that, as most investors use overseas platforms, the size of Greece’s cryptocurrency market is difficult to estimate, and authorities currently have no forecast for additional tax revenue.
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