Slovenia Proposes 25% Crypto Tax — Growth at Risk?!

Yigit Taha OZTURK — Fri, 18 Apr 2025 15:30:44 +0000

Slovenia’s Finance Ministry is considering a new draft bill that would impose a 25% tax on profits from crypto transactions, triggering backlash from opposition leaders who say it could harm the country’s crypto ecosystem.

Bill Highlights

Under the proposal, the tax applies to converting crypto to fiat or using crypto to pay for goods and services. However, crypto-to-crypto trades and transfers between wallets owned by the same user are exempt.

Taxpayers will be required to track all transactions and report profits based on the difference between purchase and sale prices in their annual tax returns.

Finance Minister’s Statement

Finance Minister Klemen Boštjančič defended the move, calling it “illogical” that crypto trading is not taxed at all for individuals:

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“The goal is not to raise revenue, but it’s unreasonable for one of the most speculative financial instruments to go untaxed.”

Opposition: “Slovenia Will Miss the Crypto Train Again”

Jernej Vrtovec, a member of parliament from the New Slovenia party, criticized the bill in a public statement:

“Slovenia has the opportunity to become crypto-friendly, but with excessive taxation, we risk losing talent and capital to other countries.”

Crypto in Slovenia: Past and Future

In 2023, Slovenia introduced a 10% tax on withdrawals and payments.
Occasional trading profits remain tax-free, unless linked to business activity.
A previous 5% proposal in 2022 failed to pass.
Slovenia issued the EU’s first digital sovereign bond in 2023.
Crypto users in Slovenia are projected to reach 98,000 by 2025 with $2.8M in expected revenue.

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