In the quiet folds of Slovenia’s bureaucratic chambers, authorities — no doubt inspired by the desire to fill their coffers — have conjured a scheme to snatch a quarter of one’s crypto profits by the year 2026, should this decree pass into law. One can nearly hear the faint clinking of coins as traders gasp in poetic despair.
On a day most unremarkable, April 17th, the Slovenian finance ministry laid forth a proposal for public spectacle and debate: a 25% levy on the spoils garnered from digital treasures such as Bitcoin (BTC). Truly, a gentle nod to the age-old custom of taxing one’s joys and victories.
It appears the mystical loophole, which allowed citizens to frolic in crypto markets without the taxman’s stare — provided they danced under the banner of “business income” — now faces an ignoble demise. The exemption for those who simply buy and sell their pixelated riches is to be struck down, much to the chagrin of freedom-loving hodlers.
In terms of clarity, they specify “disposal of a crypto asset” to mean any exchange of these virtual coins for the earthly fiat, or the barter of such tokens for tangible goods and services. One might imagine the taxman’s fingers reaching through the ether to touch even the most innocent of transfers between acquaintances. However, fret not — transfers between your own digital coffers, or swaps of one crypto for another, shall remain untouched by this taxman’s quill.
But wait! There is more! Alongside this crypto shake-down, the government unveiled an amendment for the taxation of derivative financial instruments, as if one tax torment were not enough.
“With the proposal, we aim to harmonize the taxation of income from the same or similar financial instruments and ensure a clear regulation for taxpayers with the least possible administrative burden,” intoned the finance ministry, surely chuckling nervously behind closed doors at the paradox of their own words.
The public’s opinions — those precious grains of sand — may be cast into the bureaucratic sea until May 5, 2025. Should the parliament decide to weave this bill into the fabric of law, come January 1, 2026, the new tax shall reign. Slovenian authorities dream of reaping between 2.5 and 25 million euros, a tidy sum to soothe their ambitions.
Oh, the sweet inevitability of progress, where even bitcoins must bow to the tax collector’s ledger! 💸🤡
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2025-04-17 22:17