Slovenia Unveils Plan for Flat Tax on Crypto Transactions

The proposed tax, which is part of the government’s post-COVID recovery plan, would be due when virtual currencies are sold or exchanged, and would be set at an effective rate of just under 5%. The goal is to help “debureaucratize” and simplify the current system, and improve Slovenia’s competitive position as crypto markets take off, the government said.

Source: https://www.coindesk.com/policy/2022/04/07/slovenias-new-crypto-tax-is-simplest-around-government-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines