Goodluck to crypto investors in the Netherlands in 2028. If you'd have invested €10k in BTC in 2014 with this new law, you'd have missed out on €1M in gains due to taxes on unrealized gains

In the Netherlands there is a new tax law proposal for 2028 where they will be taxing your unrealized gains on a yearly basis. This means that realistically for most people, people have to sell their assets on a yearly basis in order to cover the tax bill.

For assets like BTC (and other growth assets) this means significantly less compounding. I tried to visualise this to show the absurdity and it's just insane. Investing €10k in 2014 in BTC with this new law would make you miss out on €1M in gains compared to a more reasonable law such as being taxed upon selling, like many countries do.

Country seems to be going mad.

https://preview.redd.it/vp4l4oxf59kg1.png?694&format=png&auto=webp&s=6f17c3501f6a6defe3cb0ef85d92624faf8b7338