What is the Greek Financial Transaction Tax (Greek FTT)?

The person alienating a financial instrument is subject to Greek FTT. Greek FTT is automatically withheld and DEGIRO passes this tax on to clients.

Greek FTT applies to transactions in shares listed on the Athens Stock Exchange.

The taxable event is the sell transaction.

The tax rate for Greek FTT is 0.20% (as of 2019) and is calculated on the transaction value.