Reply to post: Re: So how's this gonna work ?

And lo! Crypto-coins came unto the holy land. And the wise decreed they must all be taxed

MonkeyCee

Re: So how's this gonna work ?

Sorry, important disclaimer: I am not a lawyer, tax adviser or financial adviser. Please consult a profesional if swelling persists :)

"In the Dutch tax system, that means you pay your marginal income tax rate over 4% of the current market value of the asset. So if you're marginal rate is 30%, you pay 1.2% of the current market price."

This is a simplification, the actual calculation is more fiddly, as it changes based on your marginal rate as well as other factors. But it will get you in the ball park of what you pay for an asset tax.

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