Government confirms 25% tax on cryptocurrency profits: What you need to know?

Until now, the tax obligation has mainly applied to individuals who have registered cryptocurrency trading as their activity. The bill is currently in the parliamentary process, and its entry into force is scheduled for January 1, 2026.

Key dates – without a submitted report you could be fined large sums

One of the most important dates to remember is June 30, 2026. If you act on time, you will be able to save quite a bit of money. By the end of June 2026, taxpayers who had invested funds in cryptocurrencies on January 1, 2026, will have to submit a report on the amount of these funds to the Financial Administration of the Republic of Slovenia.

• No initial balance report submitted: In the event of failure to file an initial balance report on January 1, 2026, the individual will be taxed at a 25% rate on the entire sale value upon sale, and the initial payment will not be recognized.

• With the submitted initial balance report: It is important to emphasize that individuals who will have crypto assets worth, for example, 20,000 euros on January 1, 2026, will not have subsequent withdrawals up to this amount taxed.

How will the tax be calculated?

Under the new system, profit will be determined annually as the difference between the sum of payments and payments. In this case, the declared initial balance will be treated as a payment. In the event that the sum of payments exceeds payments, the difference will be carried over as a payment to the next tax period, without a time limit.

To illustrate, if an individual did not own cryptocurrencies on January 1, 2026, but later bought them for €10,000 and then sold them for €20,000, their tax base would be €10,000, which would mean €2,500 in tax paid.

In this way, the state could collect between 2.5 and 25 million euros in taxes annually.

Taxation and exemptions

It is important to note that exchanging one cryptocurrency for another is not a taxable event. Tax will be charged upon the following events:

• Exchange cryptocurrencies for fiat currencies such as euro, dollar...

• Transferring crypto assets to another person.

• Using cryptocurrencies to purchase goods or services.

Record keeping: natural persons in any case, traders over 1,000 euros

The annual tax return will have to be submitted by the end of May each year, with the first deadline for submission set for May 31, 2027. Anyone who makes purchases and sales will have to submit the return and pay the tax directly, as it is not a declaration system where the tax decision would be issued by the Financial Administration.

Cryptocurrency holders will be required to carefully keep records of all purchases and sales of crypto assets, as well as exchanges for goods and services, and simple records of exchanges between different crypto assets.

Individuals who trade cryptocurrencies as a business will be able to maintain taxation under the Corporate Income Tax Act. In addition, individuals, regardless of the number of transactions, will no longer be required to register their activities if they do not wish to do so.

As part of the public debate, the reporting threshold for merchants accepting crypto assets as payment for goods or services was also increased, from 500 to 1,000 euros.