The Slovenian Ministry of Finance has put forward for public discussion an initiative to introduce a tax on cryptocurrency transactions. The relevant information размещена on the e-government portal.
If the bill is approved, the rate will be 10% on conversions and payments in digital assets. The tax liability threshold will start at €15,000 per calendar year.
The provisions will not apply to individuals who hold cryptocurrencies as assets as part of their professional activities, or to legal entities.
The document provides an alternative method for paying income tax, namely the difference between the acquisition and disposal value of the cryptocurrency. In this case the rate would be 25%, and the threshold is removed.
The ministry is accepting comments on the document until 10 November. If the bill is approved, it will take effect from 1 January 2022.
In early September, the Slovenian Tax Administration began examining the option of introducing income tax on cryptocurrency transactions.
ForkLog previously reported on the interest of authorities Australia, Denmark, South Africa, India, Indonesia,Philippines, South Korea and Israel in increasing budget revenues from holders of digital currencies.
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