A 25% Slovenia Crypto Transactions Tax on profits from cryptocurrency trading has been proposed by the legislation drafted by Slovenia’s Finance Ministry. The tax on residents would start in January 2026.
The draft law was made public on the 17th of April, 2025. The consultation will be open until May 5.
Key-Takeaways:
- Slovenia has also floated a 25 percent tax on crypto profits from January 2026, with that stripe of cash applied to the fiat conversion and purchase. Crypto-to-crypto transactions are exempt.
- This law, which is open to consultation until May 5, 2025, stands to rake in €2.5M–€25M per annum. They claim it may harm Slovenia’s crypto reputation.
Main Provisions of the Slovenia Crypto Transactions Tax
When digital assets are turned into fiat currency or used to purchase goods or services, fees would apply to the Slovenia Crypto Transactions Tax. It is directed towards either direct usage or liquidation of crypto.
Crypto-to-crypto transactions would be exempt. Such transfers between wallets of the same person would also not be taxed.
The plan was defended by Finance Minister Klemen Boštjančič. According to him, speculative assets are not fair when they go untaxed while other investments are taxed.
Boštjančič stated that the goal is not to offer more revenue but to make the tax system fair. “It has no bearing on whether crypto assets should be treated differently from other forms of investment.”
It is the difference between the value of disposals and the value of acquisitions of digital assets in a calendar year, according to the legislation, which defines taxable profit. Account holders must make a record of every transaction made by them for their annual returns.
The draft also provides a simplified calculation method to make it easier to comply. Of course, it allows taxpayers to pay tax on 40% of the value of their crypto holdings up to the end of December 31, 2025, plus the value of disposals since the last tax year.
International Alignment and Exclusions
According to the Slovenia Crypto Transactions Tax, this aligns with international standards. It complies with guidelines from the EU MiCA regulation as well as from the OECD Crypto-Asset Reporting Framework.
Thus Slovenia joins other European countries. Extremely many of them are updating their crypto tax laws to match global best practices.
In this regard, the Slovenia Crypto Transactions Tax reform has an exclusion of certain digital asset types from taxation. The list of such types of tokens includes security tokens, CBDC, electronic money tokens, and NFTs.
All accounts exclude these assets given their role is particular. Within today’s financial ecosystem, digital assets represent one of the many functions of digital assets, and they reflect that.
In addition, the legislation would also contain a ‘reset provision,’ where any crypto holdings would be valued at fair market price as of January 1, 2026. This ‘zeroes’ the cost basis for tax purposes.
The provision clears historical gains. It resolves disputing costs of long standing for asset acquisition.
Slovenia Crypto Transactions Tax itself brings in about €2.5 million to €25 million per annum, as per government estimates. Market trends and compliance of taxpayers will be the factors leading to the actual revenue.
By March 31, taxpayers are to generate annual crypto tax returns. The 2026 tax year will begin in 2027.
Also in Slovenia, there will be reporting obligations when the merchant receives over €500 in crypto payments. The goal of this provision is the implementation of transparency and compliance beyond the borders of Slovenia in the entire cryptocurrency ecosystem.
At the moment, businesses operating in Slovenia are required to pay crypto income taxes. Yet, when done by the individual investor, it’s a legal gray area and enjoys tax-free profits.
Withdrawals and payments are taxed by 10%. Trading profits are casual without tax unless they are perceived as business, whereas mining and staking are taxed as incomes. Private crypto use, if it’s considered a hobby, is not taxed.
Political Objection and Slovenia Crypto Landscape
However, opposition lawmakers in Slovenia have criticized the Slovenia Crypto Transactions Tax proposal. It rings of concern for the potential it will have on progress and on investment.
Opposing their parties’ opposition was Jernej Vrtovec of New Slovenia. The tax could also hinder Slovenia’s chances of becoming a crypto-friendly nation, he added.
According to Vrtovec, with excessive taxation, we shall witness once again young people and the capital running away abroad. “Innovation should be encouraged by taxes instead of suppressed by them.”
Spet brez občutka! Slovenija ima priložnost postati kripto prijazna država, ampak z vladnimi predlogi bomo spet zamudili vlak.
S previsoko obdavčitvijo bomo spet gledali, kako mladi in kapital bežijo v tujino. Davki naj spodbujajo, ne dušijo! https://t.co/dN1fOEcSuU— Jernej Vrtovec (@JernejVrtovec) April 17, 2025
Slovenia continues to contribute in the area of digital finance innovation. In 2023, the country launched the first blockchain-based sovereign bond as it became the first European Union member country to release a 30 million Euro blockchain-based bond, set at a 3.65% coupon and settled on blockchain via the Bank of France’s tokenized cash system.
Projections show that by the end of 2025, there will be nearly 98,000 crypto users in Slovenia, about 4.6% of the country’s population of 2.12 million people. Assuming a crypto market revenue for the country will amount to $2.8 million.
Conclusion
Slovenia crypto transactions tax legislation, if passed, will come into effect on January 1, 2026, following in the footsteps of Germany, France, and the Netherlands by establishing a comprehensive crypto taxation framework conformed to the changing global standards.
