Is the Netherlands Taxing Unrealized Crypto Gains? It's Complicated

The Netherlands is considering a tax on unrealized gains from cryptocurrencies, which has sparked debate among lawmakers and the public. Currently, the country's tax system taxes assets based on their value as of January 1 each year, which could include unrealized crypto gains. Critics argue that taxing unrealized gains is unfair and could discourage investment in digital assets. The government is reviewing the proposal, and any changes to the tax code would require legislative approval. The outcome remains uncertain as discussions continue.

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