Selling bitcoin for euros, exchanging it for another crypto-asset or paying with it is taxable income for an individual under § 8 of the Income Tax Act. The tax applies to the difference between the income and the evidenced purchase price. There is no exemption after one year for directly held bitcoin.
The gain is added to your other income in a single tax base. Bands for 2026:
| Part of the tax base | Rate |
|---|---|
| up to €43,983.32 | 19% |
| €43,983.32 to €60,349.21 | 25% |
| €60,349.21 to €75,010.32 | 30% |
| above €75,010.32 | 35% |
A higher rate applies only to the part of the base above the threshold. On top of the tax come health contributions of 16% of the base. Contributions paid can be claimed as an expense, so part of the tax comes back, typically through an amended return after the annual health insurance settlement.
The 7% and one-year myth. A 7% rate for holdings over one year was passed in 2023 but repealed before it took effect and never applied. The one-year exemption covers securities under § 9(1)(k), such as crypto ETPs sold on a regulated market, not directly held crypto.
The deductible expense is the acquisition cost you can evidence. For bitcoin bought over years through different channels, this is the most time-consuming part of the work.
| Service | Price |
|---|---|
| Individual tax return | from €50 |
| Transaction processing from one clean export | €0.35 per transaction |
| Reconciliation of several sources | from €149 |
| Full service with a tax advisor | from €250 (2% of the § 8 tax base, capped at €1,500) |
Cases are anonymised.
No. Tax arises only on a sale, an exchange for another crypto-asset or a payment with bitcoin.
Not for directly held bitcoin. The one-year exemption covers securities, such as crypto ETPs sold on a regulated market.
Substitute evidence is used: bank statements with payments to an exchange or cash withdrawals, confirmation emails and the address history on the blockchain. The more independent traces, the better.
Usually yes, a type B return. The employer’s annual settlement does not cover crypto income.
Yes, 16% of the base. Contributions paid can then be claimed as an expense, so part of the tax comes back.
The loss cannot be deducted from salary or carried forward. Within one year, however, it offsets gains on other crypto-assets, so it is worth documenting.
Sources: Act No. 595/2003 Coll. on Income Tax, § 2(ai), § 8(1)(t) and § 9(1)(k), and the Slovak Financial Administration’s practical guidance on income from the sale of crypto-assets.
Tell us since when and where you bought and how much you plan to sell. We will tell you what you will pay and what you will need to evidence.
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