In brief
- From January 2028, taxation in the Netherlands will be applied to actual annual returns, including unrealized crypto gains, as opposed to “fictitious returns.”
- Investors will receive a €1,800 ($2,000) exemption on annual returns, and losses can be carried forward but not refunded.
- The reform follows Supreme Court rulings that found the previous system of taxing deemed or fictional returns unlawful.
Crypto investors in the Netherlands could face changes to their tax bills after lawmakers in the House of Representatives approved reforms that will alter how the country’s existing levy on investment assets is calculated.
The idea of paying tax on unrealized profits has sparked anger among crypto circles, with critics arguing it…
