2h
...
...
Dutch people could soon be paying tax on their bitcoin gains — if they sell.
The Dutch government on Tuesday announced that it was planning to introduce a capital gains tax starting from 2028.
If approved, gains on investments would be paid when they are realized, rather than imposing levies on assumed returns or unrealized increases in value, a Tuesday the Dutch cabinet to the House of Representatives read.
“The earning capacity of the Dutch economy calls for a way of taxing wealth that facilitates investment,” the letter read.
It added that most financial instruments would be taxed from 2028 while remaining assets would transition two years later. The letter…
Read more on BitcoinMagazine
1K Reads
