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Crypto Wealth Could Take A Hit As Slovenia Weighs 25% Tax

  • Slovenia's Finance Ministry has released a draft bill proposing to tax profits from the sale of cryptocurrencies at 25%.
  • The aim is to close the current loophole that exempts individual crypto traders from taxation while businesses are taxed on similar activities.
  • The proposed rules state that Slovenians will need to pay a quarter of their earnings when converting crypto to fiat or using digital currencies for transactions.
  • The draft law also introduces new record-keeping requirements and provides a 'reset' provision for existing crypto holders to transition into the new tax regime.

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