Slovenia is considering introducing a 25% tax on cryptocurrency profits, aiming to close a regulatory gap that has so far favored individual investors.
According to Bloomberg, the Slovenian Ministry of Finance recently submitted a legislative proposal that would introduce a 25% tax on profits derived from cryptocurrency transactions.
Currently, individual crypto traders in Slovenia enjoy a tax exemption, while companies are subject to taxation. The government now intends to correct this disparity. The new proposal aims to align the tax treatment of crypto investments with that of traditional investments.
Under the bill, profits made from converting cryptocurrencies into fiat currency or using them to purchase goods and services would be subject to the new 25% tax rate. However, exchanging one cryptocurrency for another would remain tax-exempt.
Tax obligations for holders
The proposed legislation introduces several new requirements for taxpayers. Investors would be required to:
- keep detailed records of their transactions;
- submit annual tax returns by March 31 of the following year;
- accurately document profits and losses.
Merchants would also face new obligations: those accepting crypto payments over €500 would have to report such transactions to tax authorities.
Certain categories of digital assets—such as security tokens and NFTs—would be excluded from the new tax framework.
To ease the transition, all digital assets held before 2026 would benefit from a “reset”, meaning their acquisition cost would be set to the market value on January 1, 2026, simplifying the calculation of future capital gains.
The Slovenian Ministry of Finance estimates the new tax could generate between €2.5 million and €25 million in annual revenue.
The Ministry has requested public feedback on the proposal, which is expected to come into effect on January 1, 2026, pending parliamentary approval. Public comments can be submitted until May 5.
