Slovenia’s finance ministry has unveiled a proposal to tax personal crypto profits at 25%, aiming to tighten rules around digital assets and ensure tax fairness.
The move targets a long-standing gap in the system that lets individual investors avoid taxes, unlike businesses that already face levies on crypto-related income.
The proposed tax would apply when crypto is converted into euros or used to purchase goods and services. However, swapping one cryptocurrency for another would remain tax-free under the new rules.
Stricter Reporting and Compliance for Investors
If passed, the law would require individuals to:
- Keep detailed transaction records
- Submit annual tax returns by March 31 for the previous year
- Ensure that merchants report crypto payments over €500
- The government says these steps will help create a level playing field for crypto and traditional investors.
What’s Excluded From the Tax?
The proposed rules exclude:
- CBDCs (Central Bank Digital Currencies)
- E-money
- Security tokens
- NFTs
The draft legislation aligns with the EU’s MiCA regulation and the OECD’s CARF framework, signaling Slovenia’s commitment to harmonizing crypto rules across international standards.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/slovenia-plans-25-tax-on-crypto-profits-to-close-loopholes/