Dutch House passes 36% tax on unrealized crypto and investment gains

The Dutch House of Representatives approved the Actual Return in Box 3 Act, which fundamentally changes how investment gains, including those from crypto, are taxed starting January 2028. Under this new framework, residents will be taxed annually at approximately 36% on their actual returns from savings and investments, encompassing unrealized gains in asset values, even if the assets are not sold. Exceptions apply to real estate and startup shares, which will primarily be subject to capital gains tax upon sale, though income like rent or dividends will still be taxed annually. The crypto community has criticized the system, warning it could force taxpayers to pay taxes without sufficient cash flow, especially given the volatility of crypto assets where paper profits could vanish. Parliament did approve an amendment to shorten the review period from five to three years to allow for quicker adjustments if issues arise during implementation.

(Source：Crypto Briefing)