🇳🇱 Netherlands May Tax Unrealized Investment Gains

The Netherlands is considering a new tax on unrealized gains for stocks, bonds, and cryptocurrencies 📊. Lawmakers say the changes are needed after court $FOGO rulings criticized the current system, which taxes assumed returns rather than actual ones.

Under the proposed Box 3 revisions, investors would pay annual taxes on both realized and unrealized gains, even if $SOMI assets haven’t been sold. The government says delaying the plan could cost €2.3 billion ($2.7B) a year.While taxing only realized profits would be ideal, the government says this isn’t feasible until 2028.

The revised system favors real $ENSO estate investors: costs can be deducted, and taxes apply mainly when profits are realized. However, second homes would face extra levies.

The proposal has drawn strong #criticism from investors and the crypto community, who warn it could lead to capital flight. Dutch #crypto analyst Michael van de Poppe called the plan “insane,” saying it will increase tax burdens and #push residents to leave the country. Some even compare it to historic events like the Boston Tea Party or Bolshevik-era wealth confiscations ⚠️.