Crypto

Greece approves 10% tax on crypto gains and 15% levy on DeFi income

Summary

Greece has introduced a new tax framework targeting digital assets, establishing a 10 percent levy on cryptocurrency capital gains and a 15 percent charge on decentralized finance earnings. Market participants are granted a one-year window to report previous profits while avoiding delayed-filing penalties. However, uncertainties persist regarding how the legislation will apply to token-to-token transactions.

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

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