> It is a hybrid system. People will pay tax each year on earnings from investments and savings but will only pay tax on increases in the value of property or start-up investments once they sell the building or shares, in line with practice in most other EU countries.
> Investors have argued that they may be forced to sell shares to pay tax on gains that have not yet been realised. They also point out there is no offset for years in which investments make a loss.
Just double dipping taxation in the least efficient way possible.
I’ve personally looked into how the Dutch capital gains system works, and the taxation of unrealized gains is one of the least logical systems I’ve ever seen. Just straight up discouraging further investments.
1 Comment
> It is a hybrid system. People will pay tax each year on earnings from investments and savings but will only pay tax on increases in the value of property or start-up investments once they sell the building or shares, in line with practice in most other EU countries.
> Investors have argued that they may be forced to sell shares to pay tax on gains that have not yet been realised. They also point out there is no offset for years in which investments make a loss.
Just double dipping taxation in the least efficient way possible.
I’ve personally looked into how the Dutch capital gains system works, and the taxation of unrealized gains is one of the least logical systems I’ve ever seen. Just straight up discouraging further investments.