PANews February 14 News, according to Cointelegraph, the Dutch House of Representatives approved a legislative proposal on February 13 to impose a 36% capital gains tax on savings and most liquidity investments, including cryptocurrencies. The proposal passed with 93 votes in favor, reaching the 75-vote threshold needed for approval. Under the proposal, gains from savings accounts, cryptocurrencies, most equity investments, and interest-bearing financial instruments must be taxed regardless of whether the assets are sold. Certain assets, such as startup equity and non-investment physical assets, may be exempt. The proposal still requires approval from the Dutch Senate to take effect; if approved, it will be implemented in the 2028 tax year.
Opponents say the bill will drive capital toward jurisdictions with more favorable tax policies. Investors’ estimates show that an investor contributing €1,000 monthly for 40 years would see their final returns decrease from €3.32 million to €1.885 million under a 36% tax rate, a difference of €1.435 million.
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