Currently, a private person resident in Slovenia, is not taxed on the realised capital gain from the sale or use of virtual currencies, unless the activity is considered to be a professional business.<\/p>\n
However, the Slovene tax administration sees the opportunity to expand the fiscal income with the introduction of new taxation rules for virtual currencies for private investors. The draft of a new tax regime for virtual currencies in Slovenia was introduced in October 2021<\/strong>, but its transposition and effectiveness are currently uncertain.<\/p>\n The draft bill is not limited to crypto currency but refers to virtual currencies, a broader concept defined in the money laundering legislation<\/strong>. Virtual currency means a digital representation of value that is not issued or guaranteed by a central bank or a public authority, is not necessarily attached to a legally established currency and does not possess a legal status of currency or money, but is accepted by natural or legal persons as a means of exchange and which can be transferred, stored and traded electronically. The meaning of virtual currency is technologically neutral, as it does not define any specific technology features of the digital asset.<\/p>\n According to the legislative proposal, the flat tax rate (10%)<\/strong> will apply to<\/p>\n Transactions up to EUR 15,000 cumulatively per calendar year are tax-exempt.<\/strong> In order to secure simplicity of taxation, the tax base is the amount of virtual currency sold. Additionally, a tax-exempt transaction is also the exchange of the virtual currency for the purchase of real estate or corporate shares. The timing of taxation is the day, when the exchange for the fiat currency or purchase of the goods \/ services takes place. The annual report of all sales or exchanges of virtual currencies in Slovenia for a specific calendar year must be submitted to the tax authorities electronically by the end of February of the following year. Tax must be paid in five days after the submission of the annual report.<\/p>\nLegislative definition of virtual currencies in Slovenia<\/strong><\/h5>\n
Taxation of virtual currencies in Slovenia at a flat rate of 10%<\/strong><\/h5>\n
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Alternative to the flat rate taxation<\/strong><\/h5>\n