The Slovenian Ministry of Finance proposed a 25% tax on the cryptocurrency capital gains from 2026, under a bill to fill a gap in the country’s tax system.
The tax will apply to the benefits made when individuals sell crypto for fiat money or spend them in goods and services. However, exchanging a cryptocurrency for another will remain in tax franchise, and any gain made before January 1, 2026 will not be taxed, according to the Ministry of Finance proposal.
The measure is intended to treat crypto gains more like other capital investments, such as stocks or bonds, which are already taxed.
Under the law, individuals would calculate their benefit as the difference between the value of acquisition and sale, adjusted for transaction costs. Losses can be postponed to compensate for future gains. Taxpayers should produce an annual declaration by March 31 and make a payment within 15 days.
The tax could generate between 2.5 million euros and 25 million euros per year, according to preliminary government estimates. The country’s finance ministry requests public comments on the proposal, which would come into force next year.
The proposal comes as the data of the “European Central Bank levies on consumer payment attitudes in the euro zone” show that Slovenia has the largest share of cryptocurrency owners in the euro zone, with 15% of adults holding digital currencies last year, compared to 8% in 2022.
Warning: The information collected for this article has been translated with the use of artificial intelligence.
