excalibur
Diamond Member
- Mar 19, 2015
- 29,403
- 59,586
- 2,290
Not just on crypto either.
It musts still pass the Dutch Senate as well.
finance.yahoo.com
It musts still pass the Dutch Senate as well.
...
• Dutch lawmakers advanced a 36% tax on savings, equities and crypto, including unrealized gains.
• Critics warn the proposal could trigger investor relocation and capital outflows.
• The bill still requires Senate approval before a planned 2028 implementation.
The proposal cleared the chamber comfortably, receiving 93 votes, well above the 75 required to move forward, according to the official tally.
Netherlands Targets Unsold Crypto Profits in New Tax Proposal
If adopted, the measure would apply broadly. Bank savings, crypto holdings, most equities and returns generated from interest-bearing instruments would all fall under the levy.
Notably, the tax would be assessed regardless of whether investors actually sell their assets, meaning unrealized gains could still be taxed.
The Dutch Senate must still approve the bill before it can become law. Implementation is targeted for the 2028 tax year, but reaction from investors has already been swift.
...
• Dutch lawmakers advanced a 36% tax on savings, equities and crypto, including unrealized gains.
• Critics warn the proposal could trigger investor relocation and capital outflows.
• The bill still requires Senate approval before a planned 2028 implementation.
The proposal cleared the chamber comfortably, receiving 93 votes, well above the 75 required to move forward, according to the official tally.
Netherlands Targets Unsold Crypto Profits in New Tax Proposal
If adopted, the measure would apply broadly. Bank savings, crypto holdings, most equities and returns generated from interest-bearing instruments would all fall under the levy.
Notably, the tax would be assessed regardless of whether investors actually sell their assets, meaning unrealized gains could still be taxed.
The Dutch Senate must still approve the bill before it can become law. Implementation is targeted for the 2028 tax year, but reaction from investors has already been swift.
...
Dutch Lawmakers Advance 36% Capital Gains Tax on Crypto
Lawmakers in the Netherlands have taken a major step toward reshaping how digital assets are taxed.The country’s House of Representatives voted Thursday to advance legislation introducing a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies. Key Takeaways...