The Netherlands plans to impose an annual capital gains tax on unrealized profits from assets including cryptocurrencies

Odaily News: The Dutch House of Representatives debated the reform plan for the Box 3 asset tax system on Monday. Although the plan remains controversial, the majority of parties, including VVD, CDA, PVV, D66, and GroenLinks-PvdA, have indicated they will vote in favor of the bill, as postponing its implementation would cost the treasury approximately 2.3 billion euros annually. Under the new plan, investors in stocks, bonds, and cryptocurrencies must pay taxes on their gains each year, even if the investments have not been liquidated. Caretaker State Secretary for Tax Affairs Eugène Heijen stated that while the government prefers to tax realized gains, this approach cannot be implemented before 2028, and the government cannot afford further delays.