Dutch Government Set to Introduce Capital Gains Tax on Bitcoin and Digital Assets
The Dutch government plans to introduce a capital gains tax from 2028, affecting investors who sell their assets. Currently, Bitcoin and digital assets in the Netherlands are taxed based on an assumed annual yield of 4%.
Under the new proposal, most financial instruments would be taxed starting from 2028, while remaining assets would transition two years later. The letter to the House of Representatives cited 'the earning capacity of the Dutch economy' as the reason for this change.
The European Union's DAC8 directive has required crypto exchanges to collect detailed data on their users and transactions since January, and report it to national tax authorities. However, regulations in Europe regarding crypto and taxes are mixed, with some countries exempting crypto held for more than a year.