Slovenian authorities have announced plans to introduce a 25% tax on profits from cryptocurrency transactions, marking a significant departure from the country’s previously lenient stance.
According to a proposal unveiled on April 17, the government intends to extend its existing capital gains tax framework to include crypto assets.
It was stated that the tax would apply to any profits made when converting digital assets into fiat currency or using crypto to pay for goods and services, while exchanges between cryptocurrencies themselves would remain tax-free.
Officials indicated that individuals would be required to keep detailed records of their crypto purchases and sales and submit annual tax returns.
Finance Minister Klemen Boštjančič reportedly said that the aim was not to generate revenue but to address the inconsistency of allowing one of the most speculative financial instruments to go untaxed.
The government confirmed that the tax would be implemented from January 1, 2026, and emphasised that any profits earned before that date would not be taxed retroactively.
This marked Slovenia’s second attempt to regulate the crypto space, after a 2022 proposal for a 5% tax failed to gain traction.
The move aligns Slovenia with countries like Italy and Spain, distancing it from low-tax jurisdictions such as Malta, Cyprus, and Estonia.