The Netherlands plans to impose an annual capital gains tax on unrealized gains from assets, including cryptocurrencies.

The Dutch Parliament's second house debated a proposed reform of the Box 3 asset tax system on Monday. Despite ongoing controversy, most political parties, including VVD, CDA, PVV, D66, and GroenLinks-PvdA, indicated they would vote in favor of the bill due to the estimated €2.3 billion annual loss to the national treasury from delayed implementation. Under the new plan, investors in stocks, bonds, and cryptocurrencies would be required to pay taxes annually on their gains, even if the investments have not yet been cashed out. Caretaker State Secretary for Taxation, Eugène Heijen, stated that while the government prefers to tax gains upon realization, this plan cannot be implemented before 2028, and the government cannot afford further delays.