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Slovenia’s Bold Move: 25% Crypto Tax Shocks Investors!

Crypto
Last updated: April 17, 2025 7:16 pm
Crypto
Published April 17, 2025
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Slovenia’s Bold Move: 25% Crypto Tax Shocks Investors!

Slovenia Proposes 25% Tax on Crypto Gains

On April 17, Slovenia’s finance ministry unveiled a new tax proposal.It aims to tax personal crypto profits at 25%. If approved, this law will take effect in 2026.

The ministry wants to align crypto taxes with existing laws. This means taxing profits from selling Bitcoin and other cryptocurrencies. Currently, there’s a loophole. People aren’t taxed for buying and selling crypto. The new bill will close this gap.

What counts as “disposal”? It includes trading crypto for fiat money or goods. It also covers giving crypto to others. But it doesn’t apply to crypto-to-crypto trades or moving crypto to your own wallet.

The ministry says this will make the tax system fairer. They expect to collect 2.5 to 25 million euros yearly. The public can give feedback untill May 5, 2025. The bill will tax crypto sales and transfers for goods or services. It won’t tax crypto-to-crypto trades or moving crypto to your own wallet.

Alongside this, they’re updating tax laws for financial derivatives. They want to make rules clearer and reduce administrative burdens.

According to Bloomberg Law, residents now pay taxes only on business income from crypto. The new law will change that. The ministry says it will harmonize taxes on similar financial tools. This aims to ensure clear rules for taxpayers.

The ministry believes this will create a fairer tax system. They want to ensure everyone pays their fair share.

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