The Netherlands just passed a 36% unrealized capital gains tax. We walked through the full worked example on the latest Bitcoin Brief and the numbers are staggering.
You start with 500 shares worth 50,000 euros. They double to 100,000. You owe 16,700 in tax on gains you never took. The market drops. You are forced to sell. You end up 6,700 euros below where you started and you have permanently lost 28% of your holdings.
If one EU country does it, the rest will follow.
Full episode:
@MaxUM

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