Investors who cashed in on bitcoin may face tax and health insurance charges of up to 45.4 percent.
Bitcoin was trading at nearly $125,000 last summer. Many investors therefore took profits. Now comes the question of how to tax them. While many other countries are accommodating the growing popularity of crypto investments, Slovakia has gone in the opposite direction.
In the Czech Republic, for example, no taxes or levies are paid on the sale of cryptocurrency if the holding-period test is met. In Slovakia, the highest level of tax and levy burden is as much as 45.4 percent.
Switzerland, Singapore and the United Arab Emirates also apply zero capital gains tax on crypto for individual investors.
The taxation of cryptocurrencies in Slovakia has increased in 2026 because of progressive personal income tax, with two new rates added to the previous two. The highest rate, 35 percent, applies to the part of the tax base above €75,010.
