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Today, the Dutch parliament has decided to approve the tax on realized gains.
That means: 36% on realized gains on #Bitcoin, and stocks.
This will be going in practice on the 1st of January 2028.
Complete insanity.
What does this exactly mean?
Well, the Netherlands have been great when it comes to taxing Bitcoin.
For instance, if you had 1 Bitcoin on 1st of January 2023 and it's worth $100,000. You're paying ~1.5-2.0% tax on that, which is $1,500-2,000.
Let's say, it goes up to $200,000. Then, again, you're paying 1.5-2.0% tax on that, which means $3,000-4,000.
Now, in the new situation, the law will say:
The $100,000 gain that you've made, you'll be taxed 36% on that. $36,000 goes to the government.
This means that you're FORCED to sell your liquid $BTC in order to pay the government even more taxes.
The actual tax rate in the Netherlands is 80%.
Absolutely, fucking, wild scenes and insane that we all accept this.

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