

"The Netherlands just passed a 36% unrealized gains tax on crypto, stocks, and bonds -- and it takes effect in 2028. That means if your Bitcoin goes up in value, you owe taxes even if you never sold. In this video, we break down exactly how the new "Actual Return in Box 3 Act" works, why it creates a dangerous liquidity death spiral for investors, and why this could be the beginning of a global trend as cash-strapped governments look for new revenue sources.
We also look at the historical failures of wealth taxes in the UK, Sweden, and France, the rise of crypto-friendly jurisdictions like the UAE and Portugal, and what sophisticated investors are doing right now to protect their portfolios. If you're a long-term HODLer, this is one policy shift you cannot afford to ignore."
~ Coin Bureau
This video explores the significant implications of a new Dutch law set to take effect in 2028 which introduces a thirty-six per cent tax on unrealised capital gains, including cryptocurrency. The presenter explains that this legislation requires investors to pay taxes on the increased value of their assets even if they have not sold them, potentially forcing mass sell-offs to cover tax bills and creating a liquidity death spiral. While real estate and certain shares are exempt, liquid digital assets like Bitcoin are directly targeted, which the video suggests could lead to a massive drain of capital and talent to more tax-friendly jurisdictions like the UAE or El Salvador. Ultimately, the content warns that while this is currently a Dutch policy designed to bridge a budget deficit, it reflects a growing global trend of governments eyeing unrealised wealth, posing an existential threat to the traditional buy-and-hold investment strategy.
0:00 Intro: Unrealised gains taxation explained
0:28 Netherlands passes 36% unrealised gains tax
1:23 How the new law works
1:52 Asset exemptions create controversy
2:45 Why the law was introduced
3:13 Why this matters globally
4:26 The “liquidity death spiral” risk
5:21 Crypto volatility danger
7:02 Exit tax mechanism explained
7:30 Historical failures of wealth taxes
8:20 Investor reactions and capital migration
9:11 Rise of privacy and shadow markets
10:13 Final verdict: impact on HODLing
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=1PL4L_cyDvo
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.