Greece Crypto Tax Guide 2025
The Greek government has committed to bringing in a crypto tax framework by 2025, so if you've not paid tax on crypto before, you'll need to now. Learn everything you need to know in our Greece Crypto Tax Guide.
Do you pay tax on crypto in Greece?
Yes. The Greek Government and the Independent Authority for Public Revenue (IAPR) have confirmed that as of 2025, capital gains from crypto will be subject to Capital Gains Tax.
How much tax do you pay on crypto in Greece?
Investors will pay a flat 15% tax rate on capital gains in Greece.
How is crypto taxed in Greece?
The Greek government is yet to actually release the full details of the framework, but if it follows the general guidance on capital gains from disposals in Greece, as well as the general tax treatment of crypto in the majority of European countries, then the following transactions would be subject to tax:
Selling crypto for EUR, or another fiat currency
Trading one cryptocurrency for another
A number of DeFi activities where you trade tokens
As well as gains, there may be Income Tax due on some other transactions, we’ll cover more on this later.
Capital Gains Tax rate Greece
Greece has a flat Capital Gains Tax rate of 15% which you’ll pay on any capital gains from crypto from 2025.
How to calculate crypto gains and losses
To calculate your gain or loss from crypto, you’ll need to start by identifying your cost basis. That’s whatever your crypto cost you, plus any allowable fees. If you otherwise acquired your crypto, you’ll generally use the fair market value of your crypto on the day you acquired it.
You then subtract your cost basis from your sale price to calculate your gain or loss. If you otherwise disposed of your crypto, for example trading it, you’ll use the fair market value of crypto on the day you disposed of it.
Accounting methods for crypto in Greece
IAPR hasn’t yet released specific guidance on accounting methods for crypto, but generally speaking, it accepts the FIFO method (First in, First Out) and Weighted Average methods.
Learn more in our cost basis guide.
Crypto losses
The AIPR hasn’t yet clarified whether capital losses from crypto will be able to be offset against gains. However, the IAPR does allow taxpayers to offset capital losses from property against gains and, if there are no gains that financial year, to carry these losses forward for up to five years to offset against future gains.
Lost and stolen crypto
Scams, hacks, rug pulls and more… a lot of crypto investors have fallen foul of criminals.
The IAPR hasn’t clarified whether lost or stolen crypto would be considered a loss. As such, it would be advisable to speak to a crypto accountant if you have a potential claim for a capital loss due to theft.
Crypto income
IAPR hasn’t yet released guidance on what may be considered income from crypto investments, but generally speaking, the following transactions are subject to Income Tax:
Mining rewards
Staking rewards
A number of DeFi activities where you earn new tokens
Income Tax rate Greece
Greece uses a progressive tax rate, so the more you earn, the more you’ll pay.
| Income (EUR) | Tax rate |
|---|---|
| First 10,000 | 9% |
| Next 10,000 | 22% |
| Next 10,000 | 28% |
| Next 10,000 | 36% |
| Next 10,000 | 44% |
How to calculate crypto income
To calculate crypto income, you need to identify the fair market value of your crypto on the day you received it, in Euros. This is the amount you’ll pay Income Tax on.
Is any crypto tax free?
Without specific guidance, it’s not yet 100% clear what crypto transactions may be subject to tax or not in Greece. However, generally, the following transactions are tax free in most other countries:
Holding crypto
Transferring crypto between your own wallets
Buying crypto with EUR
When to report crypto taxes in Greece
The deadline for tax returns in Greece is June 30 every year. You’ll generally report any capital gains from crypto for the previous financial year as part of your tax return. The Greek financial year runs from January 1 to December 31.
How to file crypto taxes in Greece
IAPR is yet to release precise guidance on the exact forms and methods to report crypto, we’ll update this article as soon as they do.
How Koinly can help
Koinly is a crypto tax calculator and portfolio tracker that can help you calculate your gains, losses, income, and more from crypto. Simply import your transaction data via API or by uploading a CSV file and Koinly will crunch the numbers for you. Best of all, it’s totally free to try - you’ll only ever pay if you want to generate a tax report.
