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Dutch Government Revises Tax Plan After Backlash on Startups

2/26/2026

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Story summary
  • The Dutch government will revise the Box 3 tax system planned for 2028 after widespread criticism.
  • Finance Minister Eelco Heinen acknowledged the backlash and said the legislation will be amended to tax unrealized gains.
  • Startups and investors warned the previous approach could yield high tax bills on shares that cannot be sold.
  • The new system will tax actual returns rather than assumed ones after legal challenges to the earlier plan.