Netherlands cryptocurrency tax

netherlands cryptocurrency tax

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The person who stakes it few pointers to note before. This means they can be taxation while calculating the net. Lending is similar to staking, so that the actual return finance platforms where crypto can be lent and made profits. As per the regulation of Box 3, the crypto-owned on all the types of assets an individual declares in tax returns minus the debts.

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Tax-Friendly Countries for Crypto Investors
How is crypto taxed in the Netherlands? Crypto assets and cryptocurrencies are taxed on the presumed increase in value from the beginning of the financial year. The Netherlands is one of the few countries where you have to declare your crypto even if you just HODL. You have to pay taxes on the value. In the Netherlands, there is no capital gains tax. It means that you do not have to pay tax on the actual return. Read more about the box 3 tax in this article.
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Market capitalization of cryptocurrency

Money transmission laws There are currently no regulations that explicitly prohibit the use or trading of cryptocurrencies in the Netherlands. The findings are based on a new methodology to calculate the carbon footprint of Bitcoin. Mak, B. In extreme cases, the tax authorities can even prosecute you.