Netherlands Proposes Annual Tax on Cryptocurrency and Other Asset Gains Starting 2028, Even on Unrealized Investments

Netherlands Tax Reform Could Impact Cryptocurrency Investors

According to NL Times, the Dutch parliament recently debated a proposed overhaul of the Box 3 taxation system. The new plan aims to tax annual capital gains on various assets, including cryptocurrencies, regardless of whether these gains have been realized.

Debates and Challenges Around the Tax Proposal

While some members of parliament expressed concerns—especially regarding the taxation of unrealized profits—the government warns that delaying the reform could result in a loss of approximately €2.3 billion in annual revenue.

• Taxation would cover stocks, bonds, and digital assets
• Gains are taxed annually, even if investments are not sold
• Despite criticism, majority support is expected

Potential Implications for the Future

If passed, investors may need to rethink their portfolio strategies, especially in highly volatile markets like cryptocurrency. This move signals a significant shift toward financial transparency in Dutch asset taxation.