The European Union has introduced rules for tax reporting in the segment of cryptocurrencies. In turn, the authorities of the #Netherlands have expressed their intentions to adopt the relevant legislative amendments. It should be noted that the Netherlands is included in the EU. Consequently, the state should use appropriate reporting requirements and structure to support EU member states in effectively regulating the cryptocurrency segment.
As part of the proposed amendments, the authorities will oblige service intermediaries in this segment to classify and transfer information about crypto investors to the Dutch tax agency from the beginning of 2026. Also, the authorized agencies noted that the owners of cryptocurrencies under the current tax law must file a declaration reflecting information about their balances.
The representative of the tax authority Volkert Idsinga noted that the relevant steps will help to establish effective interaction between EU members through the exchange of information on cryptocurrency payments. The official emphasized that the new legislative amendments will be an extremely important and strategic step by the Dutch government in the context of taxation of digital assets.
“The proposed amendments will make it possible to fight more effectively against actions aimed at money laundering and tax evasion,” the specialist emphasized. Under the new amendments, providers in the digital asset niche are required to hand over data on cryptocurrency investors who are residents of EU member states.
They will also be required to transfer relevant information to the Dutch tax administrator. It was emphasized that at the moment the local authorities want to know the public's opinion on the proposed initiative.