Crypto

Slovenia floats 25% tax on personal crypto profits

April 17, 2025

Key Takeaways

Slovenia proposes a 25% tax on personal crypto profits, effective January 1, 2026.
Crypto-to-crypto trades and specific digital assets are excluded from the proposed tax framework.

Slovenia’s finance ministry has proposed a 25% tax on personal profits from crypto asset disposals, seeking to close a tax system loophole that currently exempts individual investors while taxing business income from crypto trading.

The proposed legislation aims to ensure greater fairness in the taxation of investment income among Slovenian citizens. Currently, individuals trading crypto enjoy a tax advantage over traditional investments, something the government now seeks to balance.

Under the draft legislation, profits realized from converting crypto into fiat currency, such as euros, or using crypto to pay for goods and services would be taxed. However, exchanging one crypto asset for another would remain tax-free.

The new laws would require taxpayers to maintain detailed transaction records and file annual tax returns by March 31 for the previous year. Merchants accepting over €500 in crypto must report these transactions.

Central bank digital currencies, electronic money, security tokens, and NFTs are excluded from the new tax framework. The law follows definitions introduced under the EU’s MiCA regulation and OECD’s CARF framework.

To ease the transition, all crypto assets held before 2026 will be “reset.” The acquisition cost would be set at fair market value on January 1, 2026.

In addition to aligning Slovenia’s tax treatment of crypto with traditional investments, the measure is considered a necessary response to the growing role of crypto assets and the push for global transparency standards.

The finance ministry estimates that the new tax could generate between €2.5 million and €25 million in annual revenue.

The Slovenian Finance Ministry is soliciting public feedback on the proposed tax regime, which is expected to take effect January 1, 2026, pending parliamentary approval. Public comments on the proposal are due by May 5.