Slovenia Proposes 25% Tax on Crypto Profits Starting in 2026
Slovenian authorities are planning to implement a new tax proposal targeting personal crypto profits, with a 25% capital gains tax set to come into effect in 2026 if adopted into law.
On April 17, the Slovenian finance ministry introduced a proposal for public discussion and feedback, aiming to impose a 25% tax on profits made from crypto assets. This move is intended to align the taxation of cryptocurrencies in the country with existing tax laws, ensuring that individuals who benefit from the disposal of crypto assets like Bitcoin (BTC) are subject to taxation.
Previously, Slovenia’s tax system had a loophole that allowed residents to be taxed for business income related to crypto trading. However, with the new crypto tax bill, this exemption will be removed, impacting individuals engaged in buying and selling cryptocurrencies.
The proposal clarifies that the term “disposal of a crypto asset” includes any exchange of a crypto asset for fiat currency, as well as the transfer of tokens in exchange for goods or services. It also covers transfers to other individuals, but excludes crypto-to-crypto transfers or transfers to one’s own wallets.
In addition to the tax proposal on personal gains from crypto assets, the Slovenian government has also introduced an amendment to the tax law to address derivative financial instruments.
“With the proposal, we aim to harmonize the taxation of income from the same or similar financial instruments and ensure a clear regulation for taxpayers with the least possible administrative burden,” the finance ministry stated.
Public feedback on the proposed tax changes can be submitted until May 5, 2025. If approved by parliament, the new tax measures will take effect on January 1, 2026. Authorities anticipate generating tax revenue ranging from 2.5 million to 25 million euros as a result of these changes.