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Netherlands To Amend Controversial 36% Tax On Unrealized Crypto, Stock Gains

Dutch Finance Minister Eelco Heinen has announced that the Netherlands will revise its controversial tax reform bill, which proposed a 36% tax on unrealized gains from crypto, stocks, and other investments. The legislation, known as the Actual Return in Box 3 Act and set to take effect in 2028, has faced strong criticism from lawmakers and investors who argue it is unfair and could drive wealth out of the country. Heinen acknowledged the need for amendments and stated that the government will reexamine the bill with the House of Representatives and the Senate, potentially leading to a complete rewrite if necessary. The current system, which taxes assumed returns, was ruled unsustainable by the Supreme Court, prompting the proposed overhaul.

bitcoinist02/26 11:02