Calculate Greek capital gains tax on shares and funds. Listed share gains taxed at 15% flat rate under Article 42, Law 4172/2013. Net proceeds after CGT.
Enter your sale proceeds, acquisition cost, and any losses to calculate Greek capital gains tax at 15% and your net proceeds.
Net proceeds after CGT
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Gross gain
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Taxable gain (after losses)
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Capital gains tax (15%)
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Effective rate on proceeds
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Your breakdown
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How capital gains tax on shares works in Greece
When you sell shares on the Athens Exchange or an EU regulated market, the gain (sale price minus purchase price) is taxed at 15%. There is no holding-period discount. Brokerage commissions and transaction taxes paid are allowable costs that reduce your gain. The transfer tax (FTSE) on share sales is a separate levy and does not reduce the CGT base.
Example calculation
You sell shares for 15,000 EUR that you bought for 10,000 EUR. Gross gain: 5,000 EUR. If you also sold other shares at a 1,000 EUR loss this year, your taxable gain is 4,000 EUR. CGT: 4,000 x 15% = 600 EUR. Net proceeds: 15,000 minus 600 = 14,400 EUR.
Tips and considerations
Keep all purchase receipts and contract notes. Use tax-loss harvesting before year-end to offset gains with losses, reducing your CGT bill. Report accurately on Form E1. Errors or late filing attract penalties from AADE. Consider consulting a Greek tax accountant (logistis) if you have complex portfolios with multiple assets.
Frequently asked questions
What is the capital gains tax rate on shares in Greece in 2026?
Capital gains on the sale of shares listed on the Athens Exchange (ATHEX) and other regulated EU/EEA markets are taxed at a flat rate of 15% under Article 42 of the Greek Income Tax Code (Law 4172/2013, as amended). The tax base is the gain, calculated as sale proceeds minus the original acquisition cost (plus allowable costs such as brokerage fees). The rate of 15% applies whether the shares were held for one month or ten years. There is no long-term capital gains discount in Greece as there is in some other jurisdictions.
Can capital losses offset capital gains in Greece?
Yes, capital losses from the sale of listed shares can offset capital gains from other share sales within the same tax year. For example, if you sell shares A for a gain of 5,000 EUR and shares B for a loss of 2,000 EUR in the same year, your net taxable gain is 3,000 EUR and your CGT is 450 EUR. Capital losses cannot be carried forward to future tax years under current rules. You report the net position on the annual Form E1. Accurate record-keeping of all purchase costs and sale proceeds is essential for correct CGT reporting.
Are unlisted share gains taxed differently in Greece?
Gains from selling shares in unlisted (non-exchange-traded) companies may be treated differently. If you sell shares in a private Greek company, the gain is typically taxed as regular income under the 5-bracket system (9% to 44%) rather than the flat 15% CGT. This distinction matters for founder shares, employee share schemes in non-listed companies, and sales of private equity holdings. The specific treatment depends on the share class, the nature of the transaction, and any applicable provisions in the Greek Income Tax Code or M&A tax rules.
How do I report and pay capital gains tax in Greece?
Capital gains from share sales must be reported on the annual Greek income tax return (Form E1). The gains are listed in the relevant securities section of the return. For shares sold through a Greek brokerage, the broker may issue a summary statement of gains and losses. Tax due on capital gains is payable when the annual tax assessment is issued by AADE, typically in the summer following the tax year. There is no interim withholding at source for capital gains (unlike dividends and interest), so you must plan to set aside the 15% tax from gains made during the year.