Damus
Bitcoin News profile picture
Bitcoin News
@BitcoinNews
NETHERLANDS TO TAX UNREALIZED BITCOIN GAINS

Netherlands is moving toward taxing unrealized capital gains on bitcoin, stocks, bonds, and other assets after parliament voted to overhaul annual income tax filings.

Under the new system, investors will owe tax each year based on changes in asset value, even if nothing has been sold.

The reform, known as Wet werkelijk rendement Box 3, is scheduled for 2028 and will tax actual returns by measuring the difference between an asset’s value at the start and end of the year, plus any income received.

That means both realized and unrealized gains will be taxed.

Critics warn the shift could create serious liquidity problems, forcing investors to pay taxes on paper gains without having cashed out.

362❤️18👀2😱2🤙2☠️1😈1
BigEd · 36w
Poor buggers
Bitcoin path · 36w
Is it possible to get money back from the state by claimimg unrealized Bitcoin losses? Fiat state scam.
₿itby₿itTiedye · 36w
Won't that kill investing. Very short sighted
keystroke · 36w
My god..
BTCbeeRancher · 36w
Get out, get out, get out!!!
Hypno | seedkeys.xyz · 36w
Someone needs the money...
Furious Honey Badger ⚡️ · 36w
Its not going to happen
Hervé Beraud · 36w
Well, Netherland seems continue cooking the recipe of disaster... https://youtu.be/D-hLhot3KFY
The Bitcoin Act · 36w
Dutch Tweede Kamer (lower house) debated and appears to have majority support for this Box 3 overhaul during Monday’s session. The vote is expected soon, with most parties backing it. Watch if other EU countries follow (Sweden already has elements of this)…
OostLog · 36w
They’ve now done 1) exit tax and 2) taxing unrealised capital gains. Now we wait for the inevitable global taxation on capital gains, or some such thing in prob 5 years tops. War + a nanny state + infinity foreigners + boomers used to their comforts since retiring at 57 won’t fund itself. Pe...
Tommy "The Purchase" · 36w
Good, I'm anxious to see what happens to a western country when all the capital and lots of tax-slaves leave in a short amount of time. Sorry about the people who have to leave their homeland but if it's any consolation, my country's probably next 😅
Ankh- Morpok · 36w
Do you get money back from the IRS if it’s a loss making year? That might be nice hack
KrP · 36w
I don't see how this ever makes sense
DerOptimist · 36w
Good luck taxing btc in self custody
mrbouma · 36w
Relax. Under the current system we already owe taxes on bitcoin, stocks, bonds and other assets each year even if nothing has been sold. Its currently not solely based on changes in asset values, but on (a) assumed return percentages per asset class you invest in or (b) if you elect to do so, base...
TheBitcoinButcher · 36w
Self custody is the only solution 🔥🚀
Richi · 36w
Applying company laws to people. FRAUD
No counterparty risk · 36w
I always see this from the perspective that they’re giving you advanced warning. “If you have wealth you might want to take action and move”
invcit · 36w
Asset value is undetermined until sold. “Unrealized gains” is a contradiction in terms.
El Hodlero · 36w
Taxes on the money that was taxed before you got it.
₿rent · 36w
Brutal. Time for the Dutch to exit the system and HODL bitcoin in anonymous wallets they own, outside of state surveillance.
pietre · 36w
How can one short Netherlands?
Yuri Y · 36w
Pure madness.