I especially like that 10% proposal to convert to fiat or pay for goods/services which actually means that the tax is fully automated, there is no paperwork, and every crypto -> fiat transaction is taxed. It is also good news that amounts up to EUR 15 000 do not need to be reported and will not be taxed, which is great news for ordinary people - but also to emphasize that this bill applies only to physical persons who are Slovenian citizens.
It would be interesting to see what the EU thinks about this, and whether some other countries may apply a similar model in the future - although there are already 0% tax laws in Germany and Croatia that apply to crypto-assets sold 1 or 2 years after purchase.
Topic: Slovenian crypto tax proposition - page 2. (Read 237 times)
Slovenian government wants to simplify crypto taxation by proposing either 10% tax on converting crypto to fiat/spending on goods and services or alternatively pay 25 % on the profit you make. Amounts up to 15.000 € per year would not have to be reported.
https://www.total-slovenia-news.com/business/8821-slovenia-changes-proposed-cryptocurrency-tax-10-tax-on-amount-sold-of-25-of-profit
https://www.total-slovenia-news.com/business/8821-slovenia-changes-proposed-cryptocurrency-tax-10-tax-on-amount-sold-of-25-of-profit
At least from the first look, I find it the first fair proposal for taxing cypto.
Well done, Slovenia, now get to transform it from proposal to actual law without destroying it.
Slovenian government wants to simplify crypto taxation by proposing either 10% tax on converting crypto to fiat/spending on goods and services or alternatively pay 25 % on the profit you make. Amounts up to 15.000 € per year would not have to be reported.
https://www.total-slovenia-news.com/business/8821-slovenia-changes-proposed-cryptocurrency-tax-10-tax-on-amount-sold-of-25-of-profit
https://www.total-slovenia-news.com/business/8821-slovenia-changes-proposed-cryptocurrency-tax-10-tax-on-amount-sold-of-25-of-profit
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