In the Netherlands there is a new tax law proposal for 2028 where they will be taxing your unrealized gains on a yearly basis. This means that realistically for most people, people have to sell their assets on a yearly basis in order to cover the tax bill.
For assets like BTC (and other growth assets) this means significantly less compounding. I tried to visualise this to show the absurdity and it’s just insane. Investing €10k in 2014 in BTC with this new law would make you miss out on €1M in gains compared to a more reasonable law such as being taxed upon selling, like many countries do.
Country seems to be going mad.
submitted by /u/LilJonDoe [link] [comments]
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