Dutch Lawmakers Advance Controversial 36% Tax, Crypto Treatment Unclear
On Feb 13, 2026 Dutch lawmakers moved a proposal forward that would apply a 36% tax to certain asset categories. The bill explicitly exempts equity in qualifying start-ups and physical property held for non-investment use, but it does not list cryptocurrencies or digital tokens among the carve-outs, leaving holders, custodians and exchanges uncertain about future tax treatment. That omission has generated pushback from the crypto sector and raised questions about valuation and reporting rules.
Industry groups warn the uncertainty could prompt portfolio reshuffling, capital relocation or urgent requests for legislative amendments ahead of the parliamentary vote. The proposal still needs further approvals and regulatory guidance; market participants should watch for official definitions of crypto assets and valuation methodology, and consider consulting tax advisors to prepare for potential compliance obligations.