Dutch tax reporting of crypto assets: getting compliant

If you are a Dutch tax resident holding crypto, you are required to report these assets in your personal income tax return (box 3 - other assets). Unlike bank accounts, crypto values are not pre-filled. You are responsible for determining and documenting the value as per January 1 each year. This can become challenging if reviewed years later.

Income from certain crypto activities (e.g. trading algorithms, automated trading) may be taxed as box 1 income at progressive rates (up to 49.5%).

From 2026 onwards, crypto exchanges serving EU residents will automatically share user and transaction data with the tax authorities. Combined with blockchain transparency and improved detection methods, the window for non-disclosure is closing rapidly.

Non-compliance carries significant risks: penalties up to 300%, tax interest at high rates, and possible criminal prosecution.

Voluntary correction remains the safest route to mitigate penalties and risks. Partial or phased disclosures are not an acceptable solution and may lead to serious consequences.

Practical tip: on January 1, 2025, take clear screenshots or photos of all wallets and exchange accounts to support your reported values.

We assist clients with both proper reporting and voluntary disclosure processes involving crypto positions.