Question 1

How does Box 3 wealth tax on savings work in the Netherlands in 2024?

Accepted Answer

Box 3 is the Dutch wealth tax on savings and investments. Rather than taxing actual returns, the Belastingdienst calculates a notional (fictitious) return on your net assets and taxes that return at 36% (2024 rate).

For 2024, the fictitious return rates differ by asset category. Savings deposits are assigned a low rate based on the actual average savings rate (approximately 1.03% for 2024). Investments and other assets are assigned a higher rate (approximately 6.04%). Debts are assigned a deduc

Question 2

How does Dutch tax apply to cryptocurrency — does Box 3 cover crypto?

Accepted Answer

In the Netherlands, cryptocurrency held as a personal investment is treated as an asset in Box 3. There is no separate capital gains tax on crypto. Instead, the value of your crypto holdings on 1 January is added to your total Box 3 assets, and you pay the notional return tax on the net amount above the taxfree threshold.

You must report the value of all cryptocurrency holdings (Bitcoin, Ethereum, and any other coins or tokens) at their market value in euros on 1 January. The Belastingdienst ex

Question 3

Is there capital gains tax in the Netherlands?

Accepted Answer

The Netherlands does not have a separate capital gains tax on shares, funds, or most investment assets. Instead of taxing realised gains, the Dutch system taxes a notional return on net wealth through Box 3.

When you sell shares at a profit, that gain is not taxed as a capital gain. Instead, the value of those assets on 1 January is included in your Box 3 wealth, and the tax is based on a fictitious return on that wealth. The same applies to bonds, ETFs, and most other financial assets.

The ab

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Box 3 (Wealth)

How does Box 3 wealth tax on savings work in the Netherlands in 2024?

How does Dutch tax apply to cryptocurrency — does Box 3 cover crypto?

Is there capital gains tax in the Netherlands?