Foresight News reports that, according to local Dutch media NL Times, the majority of Dutch parliament members are preparing to vote in favor of taxing unrealized gains on capital income (including cryptocurrencies) starting from 2028. The reform is called the “Box 3 Actual Return Tax Law,” which will calculate asset appreciation annually, with an estimated tax rate of 36%. Investors holding assets such as Bitcoin and stocks will need to pay taxes on their annual paper gains even if they have not sold. This move stems from a Dutch court ruling that the government’s previous practice of taxing virtual returns was illegal. Most parliament members believe the bill has flaws but still support it because delaying implementation would cost the government 2.3 billion euros annually.
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