
Greece approves 10% tax on crypto gains and 15% levy on DeFi income
Summary
Greece has approved new tax rules implementing a ten percent levy on cryptocurrency gains and a fifteen percent charge on decentralized finance earnings. Investors now have a twelve-month window to report their historical profits without facing late-filing penalties. However, uncertainties persist regarding how authorities will handle direct crypto-to-crypto token swaps under the updated legislation.
Investors will have 12 months to declare past crypto gains without late-filing penalties, though questions remain over crypto-to-crypto swaps.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.