Analysis: Unrecognized gains from Bitcoin or annual taxation, the Netherlands Box 3 bill is still awaiting Senate review

Bitcoin News posted on platform X that the Box 3 tax bill currently under consideration in the Dutch parliament proposes to tax the actual annual returns on investments, including the appreciation of unsold assets. The Dutch Tax Authority explicitly includes cryptocurrency assets held in personal wallets, exchanges, or third parties when calculating actual returns.

The Dutch government is studying a shift to a capital gains tax system, which would tax the appreciation of assets when gains are realized, but stated that the existing proposal for 2028 remains the basis during the review of relevant adjustments.

The bill has been passed by the House of Representatives and is still awaiting review by the Senate, with the final system potentially subject to adjustments before 2028.