Slovenia’s Finance Ministry is exploring imposing a 25% tax on profits from crypto trading. This would be a major shift in the country’s crypto policies.
The proposal was published on April 17 and is now open for public consultation until May 5. If passed, the new Slovenia tax regime would take effect on January 1, 2026.
What’s in the Proposal?
Under the draft legislation, the tax would apply when individuals sell their crypto assets for fiat currency or use them to purchase goods and services. However, crypto-to-crypto trades and wallet transfers between the same owner are exempted.
Taxpayers would be required to report their gains annually. As per reports, profits calculated as the difference between the acquisition and selling prices. Furthermore, losses can be carried forward to offset future gains. And payments would need to be made within 15 days after the March 31 tax filing deadline.
Slovenia might hit crypto traders with a 25% tax on profits
Gov’s working on a new law that would only tax when you cash out to fiat or buy stuff — but swapping between Cryptos or moving them around? Still safe (for now).
Feels like another country eyeing the #Crypto bags… pic.twitter.com/1Xpmlxbo2O
— Crypto Patel (@CryptoPatel) April 18, 2025
The proposed law aims to bring crypto in line with other investment instruments like stocks and bonds, which are already subject to capital gains tax.
Government’s Justification
Finance Minister Klemen Boštjančič stood by the move, calling it a matter of fairness rather than revenue generation. “It is unreasonable that one of the most speculative financial instruments remains untaxed,” he said in a statement. Reports claim that the new move could raise between €2.5 million and €25 million annually.
However, the proposal sparked widespread criticism from opposition lawmakers. Some warn that the tax could hurt Slovenia’s chances of becoming a crypto hub, driving capital out of the country.
Spet brez občutka! Slovenija ima priložnost postati kripto prijazna država, ampak z vladnimi predlogi bomo spet zamudili vlak.
S previsoko obdavčitvijo bomo spet gledali, kako mladi in kapital bežijo v tujino. Davki naj spodbujajo, ne dušijo! https://t.co/dN1fOEcSuU— Jernej Vrtovec (@JernejVrtovec) April 17, 2025
Jernej Vrtovec of the New Slovenia party criticized the move in an X post, saying, “Slovenia has a chance to be a crypto-friendly nation, but we’ll miss that opportunity with excessive taxation.”
Growing interest in crypto
Slovenia is one of the nations with an established taxing policy on crypto withdrawal and payments, with a flat rate of 10%. Plus, mining and staking are subject to income tax. Slovenia currently taxes crypto withdrawals and payments at a flat rate of 10%, but capital
Interestingly, Slovenia’s tight regulatory stance hasn’t hindered it from playing a huge role in the European digital finance space. In 2023, it became the first EU nation to issue a blockchain-based sovereign bond, valued at €30 million and settled using tokenized cash through the Bank of France.
.@govSlovenia became the first European Union state to issue a sovereign digital bond. @camomileshumba reportshttps://t.co/FHKcpThsZc
— CoinDesk (@CoinDesk) July 29, 2024
Additionally, Slovenia has one of the fastest-growing crypto communities in Europe. A recent statistic by the European Central Bank shows that Slovenia had the highest percentage of crypto users in the euro area last year.
Disclaimer
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The post Slovenia Proposes 25% Tax on Crypto Trading Profits appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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