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Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

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Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#3
What happens when you have a capital loss after paying taxes on the gains and then it goes back to the same value you paid taxes on? Do you still pay the tax? Or does it have to go higher than the last highest value you paid taxes on? That seems the fairest option.

Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#4

What happens when you have a capital loss after paying taxes on the gains and then it goes back to the same value you paid taxes on? Do you still pay the tax? Or does it have to go higher than the last highest value you paid taxes on? That seems the fairest option.

ideally you should get a deduction in later years

Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#6
The title here mostly doesn't match the article right? Quote: "But unlike the capital growth tax, capital gains tax will, in principle, only be levied at the time of realisation. This is usually when the relevant asset is sold, but also when immovable property exits Box 3 for another reason, such as emigration."

Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#7

What happens when you have a capital loss after paying taxes on the gains and then it goes back to the same value you paid taxes on? Do you still pay the tax? Or does it have to go higher than the last highest value you paid taxes on? That seems the fairest option.

Maybe they will treat them similar to how they treat realized capital losses currently

Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#9
> The capital growth tax will apply to most assets, taxing both realised and unrealised returns, including appreciation in value and income from assets like shares, cryptocurrencies, and savings. Exchange results on bank balances in currencies other than EUR will also be taxed.

Ouch. I suppose this is supposed to combat the trend of share buybacks over dividends. Gonna seriously suck to be anyone Norwegian and having to sell stocks to pay for taxes on your unrealized gains.

Also if the euro dives as well during inflation its gonna be painful.

Re: Netherlands – Capital Growth Tax and Capital Gains Tax for Box 3

#10
Usually wealth taxes like this only applies to people with (net) assets in excess of a fairly large amount like 50m or 100m, etc.

Skimming the article I couldn’t tell whether that’s the case here.

If not, it seems like it would have pretty bad implications for the average person who isn’t super wealthy but who are trying to build wealth.

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