Dutch lower house passes 36% capital gains tax on crypto and stocks

The Dutch House of Representatives has passed a bill to impose a 36% capital gains tax on savings and most liquid assets, Cointelegraph reported. According to the legislation, all profits from savings accounts, cryptocurrencies, most stock investments, and interest-bearing financial products will be subject to the tax. The levy will also apply to unrealized gains, even if the assets have not been sold. Certain items, such as shares in qualifying startups and non-investment physical assets, are exempt. The bill must now pass the Senate and be signed by the Dutch King to become law.