Dutch Parliament Debates Wealth Tax Overhaul Targeting Unrealized Gains, Including Crypto
Dutch lawmakers have reignited debate over a proposed wealth tax reform set for 2028, which WOULD tax unrealized gains on investments—including digital assets. The contentious plan, discussed in the Tweede Kamer, shifts from the current system of taxing assumed profits to actual performance, following a court ruling against the existing framework.
Critics argue the reform unfairly targets illiquid assets like cryptocurrencies, where gains exist only on paper until sold. State Secretary Eugène Heijnen faced pointed questions about implementation feasibility, with opposition parties calling it a 'tax on air.' Nevertheless, cross-party support suggests the measure may proceed despite backlash.