Dutch House of Representatives Passes 36% Capital Gains Tax on Crypto, Advances to Senate
The Dutch House of Representatives passed a proposal on Feb. 13 to impose a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies, with 93 votes exceeding the required 75, Cointelegraph reports. Income from savings accounts, cryptocurrencies, most equity investments and interest-bearing financial instruments would be taxed even if assets are not sold, while equity in startups and non-investment physical assets are exempt. The measure requires Senate approval and would take effect in the 2028 tax year if passed; opponents warn of capital flight to more favorable jurisdictions, and investor calculations show €1,000 monthly over 40 years would reduce final returns from €3.32 million to €1.885 million under the 36% rate, a €1.435 million gap.