Greece plans to impose a 15% capital gains tax on cryptocurrencies
According to a report by Reuters, two informed Greek government officials revealed that the Greek Ministry of Finance is preparing legislation to impose a 15% capital gains tax on cryptocurrencies, which is expected to be submitted to parliament for review in the coming months.
Under the plan, the first 500 euros of earnings for each taxpayer will be tax-exempt; individual mining activities will not be taxed, but mining companies registered as businesses will be taxed. Currently, Greece does not have a complete tax framework for cryptocurrencies, and the tax rates vary significantly among EU countries, ranging from 8% in Cyprus to 30% in France.
Officials stated that due to most Greek investors using offshore platforms, it is currently difficult to estimate the size of the country's cryptocurrency market, and there are no specific revenue forecasts available.
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