Slovenia’s finance ministry floats 25% tax on crypto transactions

Slovenia’s Finance Ministry is considering a possible 25% tax on crypto trading profits for residents in the country under a new draft law now open for public consultation. 

The bill proposes to tax traders when they sell their cryptocurrency for fiat or pay for goods and services, but crypto-to-crypto and transfers between wallets owned by the same user will be exempt, Slovenia’s Finance Ministry said in an April 17 statement.

Under the proposed legislation, crypto tax will be aligned with existing tax laws. Slovenia taxpayers will be required to…