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Home Currencies

Slovenia MOF Seeks Comments on Draft Bill for Taxation of Digital Currency Transactions

MtR by MtR
October 30, 2021
in Currencies
0
Slovenia MOF Seeks Comments on Draft Bill for Taxation of Digital Currency Transactions


Daily Tax Report: International

Nov. 1, 2021, 5:00 AM

The Slovenian Ministry of Finance Oct. 28 opened a consultation on a draft bill for the taxation of digital currency transactions. The draft bill includes measures that would: 1) establish a 10 percent tax rate on the amount redeemed by individual residents from digital currency transactions; 2) exempt individuals with annual income of up to 15,000 euros (US$17,449); 3) impose a 25 percent tax on unrealized gains based on transaction prices; and 4) impose a fine of between 250 euros (US$291) and 5,000 euros (US$5,821) for noncompliance. The measures would apply from Jan. 1, 2022. Comments are due Nov. 12. …

© 2021 The Bureau of National Affairs, Inc.

All Rights Reserved

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