Dutch House of Representatives passes capital gains tax proposal covering cryptocurrency earnings

Techub News reports that on February 13, the Dutch House of Representatives approved a legislative proposal with 93 votes in favor, which will impose a 36% capital gains tax on savings accounts, cryptocurrencies, most equity investments, and interest-bearing financial instruments. Regardless of whether the assets are sold, the related gains are subject to taxation, but certain categories such as startup equity and non-investment physical assets are exempt. The proposal still requires approval from the Senate and, if passed, will be officially implemented in the 2028 tax year. Opponents point out that this law could lead to capital outflows to jurisdictions with more favorable tax policies. Investors’ calculations show that investing 1,000 euros monthly for 40 years, with a 36% tax rate, would reduce the final returns from 3.32 million euros to 1.885 million euros, a loss of approximately 1.435 million euros.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Coin Center: The U.S. government may tighten control over cryptocurrency in the future without clear regulations.

Peter Van Valkenburgh warns that not passing the CLARITY Act could lead to dangerous precedents for future U.S. administrations, risking increased restrictions on the cryptocurrency industry. He emphasizes the need for sustainable legal protections to prevent arbitrary enforcement and instability in the crypto ecosystem.

TapChiBitcoin59m ago

Kalshi legal woes grow with Washington state gambling suit

Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling

Cointelegraph3h ago

No one is 100% happy with the stablecoin yield agreement: State of Crypto

Industry representatives recently reviewed the crypto market structure bill's proposed yield language, prompting mixed reactions. The legislation is set to progress with a markup anticipated in April, though concerns about its implications persist.

CoinDesk7h ago

Canada moves to ban crypto donations for election campaigns following UK

Canada’s federal government has moved to ban cryptocurrency donations to political campaigns, shutting down a fundraising channel that appears to have seen little to no real-world use in the country's previous elections. Bill C-25, the Strong and Free Elections Act, introduced March 26, would

CoinDesk8h ago

Gavin Newsom Bans California Public Officials From Prediction Market Insider Trading

In brief California public officials are banned via executive order from using inside information to make money on prediction markets. The ban extends to state officials and appointees using information to help others from profiting, as well. The order follows continued scrutiny from

Decrypt8h ago
Comment
0/400
No comments