The Netherlands may begin taxing capital gains on assets including cryptocurrencies annually starting in 2028, regardless of whether the investment ha...
AI Summary1 min read
TL;DR
The Netherlands plans to tax capital gains on assets like cryptocurrencies annually from 2028, including unrealized gains, despite parliamentary concerns, to address an estimated €2.3 billion annual revenue loss.
Tags
MENetherlandscapital gains taxcryptocurrencyBox 3 tax system2028
According to NL Times, the Dutch House of Representatives recently debated a plan to amend the Box 3 tax system. The proposal suggests taxing capital gains (including realized and unrealized gains) on assets such as stocks, bonds, and cryptocurrencies annually, starting in 2028. Although most members of parliament believe the plan has flaws and that taxing unrealized gains is not ideal, the proposal is expected to receive majority support due to the estimated €2.3 billion annual loss to the national treasury from delayed implementation.