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.

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