Dutch Lawmakers Advance 36% Capital Gains Tax on Crypto
The Netherlands is poised to overhaul its tax regime for digital assets after lawmakers approved a controversial 36% levy on unrealized crypto gains. The proposal, which cleared the House of Representatives with 93 votes, targets bank savings, equities, and cryptocurrency holdings alike—regardless of whether investors liquidate their positions.
Critics warn the measure could trigger capital flight as high-net-worth individuals seek more favorable jurisdictions within the EU. The bill now moves to the Senate for final approval, with implementation slated for 2028. Market participants are already bracing for potential Ripple effects across European crypto markets.