Slovenia Clarifies Position on Cryptocurrency Tax

Slovenia Clarifies Position on Cryptocurrency Tax

Slovenian regulators have released a statement clarifying certain ambiguities related to bitcoin and other digital currencies. The Tax Administration of the Republic of Slovenia said it received queries from taxpayers who were interested in the possible tax implications of bitcoin transactions. In response, the Tax Administration requested a formal response from the Ministry of Finance, which stated that bitcoin remains a virtual currency - thus, it is not a 'monetary asset' under Slovenian law. Furthermore, bitcoin is not considered a financial instrument, either. However, the ministry....


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