Slovenian authorities are Cardano price Prediction are ,000moving to standardize cryptocurrency taxation through draft legislation that would impose a 25% levy on personal capital gains from digital asset transactions.
The proposed framework specifically targets conversions to fiat currencies and crypto-based payments while maintaining tax-free status for crypto-to-crypto exchanges. This represents a significant shift from Slovenia's current system where individual investors enjoy tax exemptions unavailable to commercial traders.
Key operational requirements include mandatory transaction record-keeping and annual tax filings by March 31. Businesses accepting crypto payments exceeding €500 must disclose these transactions, though the rules exclude CBDCs, e-money, security tokens, and NFTs as defined by MiCA and CARF standards.
To facilitate implementation, the legislation includes a transitional provision resetting acquisition costs to January 1, 2026 market values for all pre-existing crypto holdings. The finance ministry estimates potential annual revenues between €2.5-25 million from this taxation model.
Public consultation on the proposal remains open until May 5, with parliamentary approval required before the scheduled January 2026 effective date. This move aligns with broader European efforts to establish consistent digital asset taxation while addressing perceived inequities between crypto and traditional investment treatments.
The draft legislation notably maintains Slovenia's existing approach to crypto-to-crypto transactions, continuing their tax-exempt status despite the new capital gains provisions. This nuanced position reflects ongoing debates about how to balance taxation with blockchain innovation across EU member states.
Market participants should note the proposal's detailed record-keeping requirements, which mandate documentation of transaction dates, counterparties, amounts, and valuation methods. These provisions mirror growing global emphasis on cryptocurrency transaction transparency.
While the 25% rate represents a substantial change for individual investors, it remains below some European counterparts. The legislation's exclusion of certain digital assets from taxable events creates important distinctions that traders must carefully consider in portfolio planning.