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Dutch Crypto Tax: You Pay Tax Just for Holding

The Netherlands taxes your crypto's value on January 1 each year — whether you sold anything or not. With the Box 3 system in flux after Supreme Court rulings, getting it right has never been more important.

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Quick Facts

Dutch crypto tax at a glance.

Tax Authority
Belastingdienst (Tax and Customs Administration)
Tax Type
Wealth Tax (Box 3 vermogensrendementsheffing) — NOT capital gains tax
Rate
36% on a presumed return (~5.88% assumed return on investments/crypto)
Key Exemption
€57,684 per person (€115,368 with fiscal partner) for 2025
Tax Year
January 1 – December 31 (tax based on asset VALUE on January 1)
Filing Deadline
May 1 following year, with possible extensions
Cost Basis
N/A — you report total value on Jan 1, not individual transactions
Key Form
Income tax return, Box 3 section
Key Change
From 2028, system moves to actual returns (Capital Growth Tax)
What's Taxable

Tax treatment of common activities.

How the Netherlands taxes crypto under the Box 3 wealth tax system.

ActivityTaxable?Notes
Holding crypto on Jan 1YesBox 3 wealth tax on value above exemption threshold
Selling cryptoDependsNo separate CGT — but gains affect your Jan 1 balance next year
Crypto-to-crypto swapDependsNo transaction-level tax. Only total value on Jan 1 matters
Staking/mining incomeDependsIf hobby, Box 3. If professional income or business, Box 1 income tax
Paid in cryptoYesEmployment income taxed at income tax rates (Box 1)
DeFi incomeDependsPassive holdings in Box 3. Active trading/business income in Box 1
Buying cryptoNoBut the value contributes to your Jan 1 asset total
Airdrops/hard forksDependsDeclare value on Jan 1 in Box 3
Key Rules

Rules you need to know.

1

You’re Taxed on What You HOLD, Not What You Trade

Unlike every other country on our list, the Netherlands doesn’t tax individual buy/sell transactions. Instead, you pay Box 3 wealth tax based on the total value of your assets on January 1 each year. This means you could make zero trades and still owe tax.

2

Presumed Returns vs Actual Returns

The Belastingdienst assumes you earned a ~5.88% return on investments (including crypto) and taxes 36% of that presumed gain. After the 2024 Supreme Court ruling, you can now file an “Opgaaf Werkelijk Rendement” (actual return) if your real return was lower — or even negative.

3

If You Lost Money, You May Owe Zero

Under the transitional rules (2025–2027), if your actual return is a loss, your Box 3 income is set to €0 for that year. Losses cannot be carried forward under the current system, but the new system from 2028 will allow loss carry-forward above €500.

4

The System is Changing in 2028

The Netherlands is transitioning from presumed returns to actual returns. From 2028, you’ll be taxed on real capital growth at 36%. This will mean tracking actual transactions — exactly like other countries. Prepare now.

Common Problems We Fix

Sound familiar?

My crypto crashed but I still have to pay wealth tax on the January 1 value

Under the new transitional rules, you can file an actual return showing your real (lower or negative) return to reduce or eliminate Box 3 tax. We prepare the Opgaaf Werkelijk Rendement documentation.

I have crypto across 10 wallets and 5 exchanges — what’s my Jan 1 value?

We connect all accounts, snapshot the total value in EUR at 00:00:00 on January 1, and categorize assets correctly between Box 1 and Box 3.

I mine crypto and earn staking rewards — is that Box 1 or Box 3?

It depends on whether it’s a hobby or business activity. We analyze your situation and categorize correctly — Box 1 (income tax, higher rates but expenses deductible) vs Box 3 (wealth tax, simpler but no expense deductions).

FAQ

Dutch crypto tax questions.

How is crypto taxed in the Netherlands?

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The Netherlands taxes crypto as part of Box 3 wealth tax. You pay 36% tax on a presumed return of ~5.88% on the total value of your crypto holdings on January 1 each year, above a ~€57,684 tax-free allowance.

Do I pay tax on every crypto trade in the Netherlands?

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No. The Netherlands doesn’t tax individual transactions. You’re taxed on the total value of your holdings on January 1. But from 2028, the system is changing to tax actual capital gains.

What if my crypto lost value?

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Since a 2024 Supreme Court ruling, you can file an actual return if your real return was lower than the presumed return. If you had a loss, your Box 3 tax may be reduced to zero.

Filing Checklist

Your Dutch Crypto Tax Filing Checklist

Everything you need before filing. Tick these off and you're ready.

  • All exchange account balances as of January 1, 00:00 CET
  • All wallet addresses with balances on January 1
  • DeFi protocol positions valued on January 1
  • Staking/mining income records (with dates and EUR values if claiming Box 1)
  • BSN (Burgerservicenummer)
  • DigiD login credentials
  • Previous income tax returns
  • Bank statements showing crypto purchases (for potential actual return calculations)
  • 💡Records of any debts above €3,800 (deductible in Box 3). The system is changing to actual returns in 2028.

Get your Dutch crypto taxes sorted.

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This page provides general guidance about Dutch crypto taxation and is not personalised tax advice. Tax rules change frequently. Consult a qualified Dutch tax adviser (belastingadviseur) for advice specific to your situation.