If You Use Crypto in Slovenia, You’ll Pay a 10 Percent Tax

The Financial Administration of the Republic of Slovenia (FURS) has proposed changes to the taxation regime applicable to cryptocurrencies. The authority wants to impose a 10% tax for the crypto amounts spent on goods and services or converted into cash. Quoted in a report by the STA news agency, FURS clarified:

We would like to emphasize that it is not profit which would be taxed but rather the amount a Slovenian tax resident receives on their bank account on turning the virtual currency into cash or when buying a thing.

The Slovenian tax office intends to implement the new taxation scheme through the adoption of legislative changes. FURS claims it…