Slovenia to Introduce 25% Cryptocurrency Profit Tax
The tax will apply to profits made from selling cryptocurrency for fiat money or goods and services, but exchanging one cryptocurrency for another will not be taxed.
Author: Francisco Rodriguez | Edited by: Cheyenne Ligon Updated: April 21, 2025, 2:12 PM Published: April 19, 2025, 2:01 PM
Important information:
- Slovenia's Finance Ministry has proposed introducing a 25% tax on capital gains from cryptocurrency starting in 2026.
- The tax will apply to profits made from selling cryptocurrency for fiat money or using it to purchase goods and services.
- The new tax is expected to raise between 2.5 and 25 million euros a year, and the Finance Ministry is collecting public opinion on the proposal.
Slovenia's Finance Ministry is set to introduce a 25% tax on cryptocurrency capital gains from 2026 as part of a bill aimed at plugging gaps in the country's tax system.
The tax would apply to profits made from selling cryptocurrency for fiat money or spending it on goods and services. However, exchanging one cryptocurrency for another would remain tax-free, and any profits made before January 1, 2026, would not be taxed, according to the ministry's proposal.
The initiative aims to treat cryptocurrency income in the same way as other investments, such as stocks or bonds, that are already taxable.
Under the law, individuals will calculate their profit as the difference between the purchase and sale price, plus a transaction fee. Losses can be carried forward to offset future gains. Taxpayers will have to file an annual return by March 31 and pay within 15 days.
The government has estimated that the tax could generate between 2.5 million and 25 million euros a year. The country's finance ministry is seeking public opinion on the proposal, which is set to come into force next year.
The initiative is based on the results of the European Central Bank’s Euro Area Consumer Payments Survey. The data shows that Slovenia has the highest share of cryptocurrency owners in the eurozone: 15% of adults owned digital currencies last year, while in 2022, the percentage was 8%.
Disclaimer: The information collected for this article was translated using artificial intelligence.
