February 13 News, the Dutch House of Representatives approved the “Third Box Actual Return Act” (Wet werkelijk rendement box 3) this week, planning to reshape the country’s investment tax system starting January 2028. The new system will tax the “actual returns” of most investment assets such as stocks, cryptocurrencies, and bonds, at an approximate rate of 36%. This means that even if investors have not sold their assets, they are still required to pay annual taxes on unrealized gains.
Under the current framework, taxes are largely based on assumed yields, whereas the new law will directly tax real returns. This change is seen as a significant shift in the Dutch tax system. For highly volatile assets like cryptocurrencies, the mechanism of taxing unrealized gains could impose noticeable liquidity pressures. Some community members warn that if the market experiences a downturn, investors may face the risk of rapid erosion of paper profits after paying taxes.
It is important to note that real estate and shares in startups will be subject to different rules. These assets will still primarily be taxed based on capital gains upon actual sale, but income such as rent and dividends will still need to be taxed in the year they are received. This differentiated treatment is considered a buffer for long-term projects and the real economy.
To reduce systemic risks, the parliament also passed an amendment shortening the assessment cycle from five years to three years, allowing for quicker revisions if significant issues arise with the new system. Meanwhile, the ruling coalition composed of D66, VVD, and CDA has stated plans to eventually transition to a more traditional capital gains tax model, taxing only upon asset sale, with a draft bill expected to be submitted before the 2028 budget.
Although this transitional plan may ease cash flow pressures, government tax revenue could decrease in the short term. For investors, the policy developments and legislative progress over the next two years will be key variables influencing asset allocation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket China, Iran "Information Battlefield": Over $500 million in bets, mysterious accounts enter precisely, sparking insider allegations
With the US and Israel conducting airstrikes on Iran, the prediction platform Polymarket has become an instant market, with trading volume exceeding $500 million, attracting a large number of traders. Profiters and losers coexist, and allegations of insider trading have also emerged, sparking debates over market transparency and ethics. This event highlights the advantages and disadvantages of prediction markets.
区块客42m ago
Iranian conflict未抑制 buying interest! Bitcoin spot ETF inflows of $458 million in a single day
Amid military strikes by the United States and Israel against Iran, the US Bitcoin spot ETF attracted a net inflow of $458 million, pushing Bitcoin prices close to $70,000. Institutional investors believe that geopolitical risks are short-term shocks, with market leverage levels declining, and no systemic risk being triggered. The options market also shows a calm atmosphere, reflecting traders' preference for short-term hedging rather than long-term bearishness.
区块客46m ago
Gate Research Institute: NEAR Surges Over 39%, Polygon Transaction Fees Remain High | Gate VIP Weekly Report (February 23 – March 1, 2026)
Last week, the market was affected by the US-Iran conflict, leading to increased volatility in gold, oil, and the crypto markets. BTC experienced fluctuations during the correction, ETH performed relatively weakly, and NEAR rose approximately 39.62%. Fund flow data indicates market rebalancing, with Polymarket driving up Polygon transaction fees. The report will provide an in-depth analysis of trends and market data.
GateResearch49m ago
Gate CBO Kevin Lee: Oil prices move first, inflation follows, and the central bank's path is the ultimate variable
Kevin Lee analyzes the impact of geopolitical conflicts on the market in the article, emphasizing that conflicts do not change the fundamental logic of the market; the key lies in their impact on inflation and central bank policies. In the short term, oil and gold experience significant fluctuations, but if energy supplies remain stable, the market will gradually recover. In the long run, inflation data and policy expectations are more important, and emotional decision-making incurs high costs. Understanding market patterns is crucial for managing volatility.
GateNews53m ago
March Renews Clarity Act Push as Stablecoin Talks Stall
U.S. lawmakers face renewed pressure as negotiations over stablecoin rewards continue without resolution after a March 1 deadline. Banks oppose interest-like rewards while crypto firms seek flexibility, leading to ongoing discussions and pending Senate Banking Committee actions.
CryptoFrontNews2h ago
