defi ·
Greece approves 10% crypto gains tax, 15% DeFi income levy
A 15% levy on income derived from Decentralized Finance (DeFi) and a 10% tax on capital gains from cryptocurrency have been formally approved by the Hellenic Republic.
Market participants possess a twelve-month window to report previously accrued cryptocurrency profits without incurring penalties for delayed submission; however, ambiguity persists regarding the proper declaration of cryptocurrency-to-cryptocurrency exchanges.
This regulatory action signifies a deepening governmental approach to taxing digital assets within the jurisdiction.
Earlier coverage
Reported by CoinDesk.
Topics: defi, regulation.
