Box 3

The Dutch House of Representatives has scrapped a proposed tax increase on savers and investors. To cover the resulting budget gap, a tax benefit for homeowners with almost fully paid-off mortgages will be reduced instead.

Dutch crypto investors who held assets on January 1, 2022, can now claim a tax refund following a Supreme Court ruling. A new form allows taxpayers to report their actual (often negative) returns from the 2022 market crash instead of a fictional one.