Introduction
Slovak crypto tax changed deeply in 2024, and the change is good news for the patient investor. From now on, what decides first is not the amount you made, but how long you held your crypto. Hold it for at least a year and the gain is taxed at a reduced rate; sell sooner and you fall back onto the progressive income tax scale. This module walks you through this one-year rule simply, the scale that applies to short-term gains, the health-insurance contribution, and how to declare. Important: this content is educational, not personal tax advice — for your own situation, consult an accountant or tax adviser.
The principle: the one-year rule (≥ 1 year = 7%)
In Slovakia, since the 2024 reform, the holding period is the main lever of your crypto taxation. The logic is simple: the longer you hold, the less you pay.
If you hold a crypto for at least one year — that is, 365 days — before selling it, the gain is taxed at a reduced rate of 7%. This is the long-term regime, the one the 2024 reform created to reward patience.
If you sell before one year, the short-term regime applies: the gain is subject to the progressive personal income tax scale (19% up to a threshold, 25% above it). The same operation therefore costs far more in tax depending on whether you waited a year or not.
Remember the switch: crossing the first-anniversary line moves the same gain from the progressive scale (19% / 25%) to the reduced rate of 7%.
- Holding ≥ 1 year (365 days): gain taxed at 7% (reduced rate).
- Holding < 1 year: gain on the progressive scale (19% up to a threshold, 25% above it).
- The trigger is not the amount you made, but the holding time.
In Slovakia, crypto is always taxed at the high progressive rate.
Actually : No. Since 2024, if you hold your crypto for at least one year before selling, the gain drops to a reduced rate of 7%. The progressive scale (19% / 25%) only applies to short-term gains, that is, to a sale before the first anniversary.
Short term: the progressive scale + health insurance
When you sell before one year, you do not benefit from the reduced 7% rate. The gain then joins the progressive personal income tax scale: 19% up to a certain income threshold, then 25% above it.
Because that scale is progressive, the tax rises with your income level: the same short-term gain may be taxed at 19% or 25% depending on your bracket. This is the sharpest gap with the long-term 7%.
Beyond income tax, a health-insurance contribution may also apply to the gain. Treat it as an additional levy not to forget; its precise rate depends on your situation, and it is the kind of point to confirm with an adviser.
- Short term (< 1 year): progressive income tax scale, 19% then 25%.
- 19% up to an income threshold, 25% above it.
- A health-insurance contribution may be added on the gain.
- Only the reduced 7% rate rewards holding for at least one year.
Tracking your holding period and your lots
Since everything turns on the first-anniversary line, your best defence is clean tracking of your dates. For each purchase, note the acquisition date, the amount and the quantity: that is what will let you prove that a lot has indeed crossed the 365-day line.
The classic trap comes from repeated purchases (for example a regular contribution): each tranche has its own date and therefore its own anniversary. When you come to sell, some lots will have passed one year (7%) and others not (progressive scale). Keeping a lot-by-lot history avoids nasty surprises at declaration time.
The first anniversary is the switching line
Before selling, always check how long you have held each lot. A lot bought 11 months ago and sold now falls under the progressive scale (19% / 25%); the same lot sold after its first anniversary moves to the reduced rate of 7%. A few days of patience can change the applicable regime.
Declaring to the Financná správa, and the role of a French account
In Slovakia, it is up to you, the resident, to declare your crypto gains to the tax authority, the Financná správa, distinguishing what is long-term (7%) from short-term (progressive scale), and taking the possible health-insurance contribution into account.
Deblock is regulated in France, not in Slovakia. That changes nothing about your obligation: the account does not declare on your behalf and removes no Slovak tax obligation. As a Slovak resident, it is up to you to calculate your holding period, determine the right regime and declare your own gains.
Because the holding period decides the rate, the right reflex is to keep the history of your operations (purchase and sale dates, amounts) and, at the slightest doubt, to consult an accountant or tax adviser. Official source: Financná správa (financnasprava.sk).
- You declare yourself to the Financná správa, separating long-term (7%) from short-term (the scale).
- Deblock, regulated in France, never declares on your behalf.
- Keep your purchase and sale dates to justify the holding period of each lot.
- At the slightest doubt, consult an accountant or tax adviser.
What you should remember
- 01In Slovakia, since 2024, the holding period is what decides your crypto tax.
- 02Holding ≥ 1 year = reduced rate of 7%. Holding < 1 year = progressive scale (19% up to a threshold, 25% above it).
- 03A health-insurance contribution may be added; keep your lot history, because the first anniversary switches the regime.
- 04Slovak resident = you declare yourself to the Financná správa; Deblock does not. Educational content, not tax advice — consult an accountant or tax adviser.
Compare tax rules by jurisdiction
Crypto tax by country
How your crypto gets taxed at home
Every country where Deblock is available has its own tax reading. This section gives an educational reference point before any simulation. Your real case depends on tax residence, annual transactions and your status.
France: 30% flat tax with €305 disposal exemption
For a French tax resident, selling crypto for euros, paying with crypto or converting into a good/service triggers taxation. Crypto-to-crypto swaps are generally neutral.
Simplified calculation
- If annual disposals ≤ €305: no tax.
- Gain = disposal price − weighted total acquisition price across the portfolio.
- 30% flat tax by default: 12.8% income tax + 17.2% social contributions.
- Optional progressive income tax scale if more favourable.
Enter your numbers and compare the estimated tax under the jurisdiction selected above. Educational only, not tax advice.
⚠️ Educational estimate. Your real case depends on household, operations and may change.
Try with a Deblock accountFlat tax / PFU
30% total, no allowance. Simple to compute, this is the simulator's default.
Progressive option
Available since 2019. Only useful if your marginal income tax rate is very low or if you have losses to offset.
Global portfolio
The administration looks at total disposal price, total acquisition cost and total portfolio value at disposal — not line-by-line by coin.
Check with the local tax authority. This page stays educational and does not replace personalised advice.
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