Crypto Tax Netherlands: Advanced Guide [2025]

Is there a crypto tax in the Netherlands?

Yes, according to the Belastingdienst, the Dutch Tax and Customs Administration, crypto is a taxable asset. Crypto is considered a type of personal asset and taxed like stocks and equities.

How is crypto taxed in the Netherlands?

Crypto assets and cryptocurrencies are taxed on the presumed increase in value from the beginning of the financial year to the end of the financial tax year.

Yes, that means you are taxed for holding cryptos. HODLing is taxable!

However, what is different to most other countries is that you are not taxed directly on the actual gains you make from selling or exchanging cryptos. Relevant is the value of your portfolio on January 1st of the tax year.

Once a year, you pay tax on the fictitious returns from your entire holdings (not just crypto).

Crypto Tax Netherlands: How to report to the Belastingdienst?

Your have to report your taxes into three different boxes. Only the following two are relevant for crypto:

• Box 1: Taxable income from work or home ownership
• Box 3: Benefits from savings and investments

Every box has different tax rates.

One type of income can only fall under one box. That also means that it isn’t possible to offset a loss in one box with a profit in a different box.

Report the value that your crypto had on January 1st of the tax year under Box 3.

In some cases, crypto have to be reported in Box 1:

• You get paid in crypto.
• You are day trading.
• You are mining crypto.
• You receive rewards from bounties or the operation of a masternode.

How high is the tax on crypto in the Netherlands?

As mentioned above, crypto has to be declared under Box 1 and Box 3. What does that mean for the tax rate?

<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="eager" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Since a court judgment in 2021, there are actually two different methods for the calculation of box 3 relevant figures. The details can be found below and in the notes of the Blockpit tax report. The Blockpit report will show figures for both. This way, Blockpit makes it possible for you to choose the most favourable method, thus the method that leads to a lower tax result.</p></div></div></div>

Box 1: Taxable income from work or home ownership

You pay income tax on all earnings declared in Box 1, including crypto income from salaries, day trading, mining, or bounties. In 2024, tax rates range from 36.97% to 49.50%, depending on your income level. Factors like age and retirement status may also affect your tax rate. Consider these figures as general estimates:

<figure class="block-table">
<table>
<tr>
<th>Tax bracket (income range)</th>
<th>Box 1 Tax rate 2024</th>
</tr>
<tr>
<td>€0 - €75,518</td>
<td>36.97%</td>
</tr>
<tr>
<td>€75,518 and above</td>
<td>49.50%</td>
</tr>
</table>

<figure class="block-table">
<table>
<tr>
<th>Tax bracket (income range)</th>
<th>Box 1 Tax rate 2025</th>
</tr>
<tr>
<td>€0 - €38,441</td>
<td>35.82%</td>
</tr>
<tr>
<td>€38,441 - €76,817</td>
<td>37.48%</td>
</tr>
<tr>
<td>€76,817 and above</td>
<td>49.50%</td>
</tr>
</table>
</figure>
   <figcaption>
       Netherlands personal income tax rates. Source:
       <a href="https://business.gov.nl/amendment/income-tax-brackets-rates-change/"
          target="_blank"
          rel="noopener">Business.gov.nl</a>
   </figcaption>
</figure>

Box 3: Benefits from savings and investments

Box 3 taxation is based on your assets as of January 1st. Your total holdings (including crypto, savings, and investments) are reduced by debts and the tax-free allowance. The fictitious return is then calculated on the remaining amount, and you pay 36% tax on this deemed income.

These are the rates of fictitious return for 2024:

• Bank balances: 1.44%
• Investments and other assets (including crypto): 6.04%
• Debts: 2.61%

<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="eager" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Hint: In 2024, you can have assets with a value of up to 57.000€ as an individual, and 114.000€ as a couple, without them being taxed. This amount is deducted from the value of your assets</p></div></div></div>

Taxation of Crypto Transactions

Is there a tax on buying crypto in the Netherlands?

No, buying crypto itself is not a taxable event. However, bought crypto is then part of your amount of assets, savings & investments that have to be declared under Box 3. Find more details in the section above.

Is there a tax on HODLing crypto in the Netherlands?

Yes, because crypto you hold is part of your amount of assets, savings & investments that have to be declared under Box 3. Find more details in the section above.

Is there a tax on selling crypto in the Netherlands?

No, there is no crypto tax for selling crypto. However, if you make gains from a sell, this adds to your amount of assets, savings & investments that have to be declared under Box 3.

How are Airdrops taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Airdrops hasn’t been published yet. According to prevailing opinion, you should declare Airdrops under Box 3 as part of your amount of assets, savings & investments.

How is Staking taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Staking rewards hasn’t been published yet. Some sources see it as income resulting in a Box 1 taxation.
We have decided to follow the interpretation in the favor of the taxpayer, not declaring it under Box 1. Rewards from Staking are part of your amount of assets, savings & investments that are declared under Box 3.

Disclaimer: This view depends on the individual case. Alternatively, Staking rewards can be declared under Box 1, as we show the income from staking in our report. Please ask your tax advisor.

How is Lending taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Lending rewards hasn’t been published yet. Some sources see it as income resulting in a Box 1 taxation.
We have decided to follow the interpretation in the favor of the taxpayer, not declaring it under Box 1. Rewards from Lending are part of your amount of assets, savings & investments that are declared under Box 3.

Disclaimer: This view depends on the individual case. Alternatively, Lending rewards can be declared under Box 1, as we show the income from Lending in our report. Please ask your tax advisor.

How is Mining taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Mining rewards hasn’t been published yet. We are declaring Mining rewards under Box 1 in our report.

However, mining on a non-commercial level might not have to be declared here. The tax classification depends on the way activities were carried out and the personal circumstances of the taxpayer, so that a review by the taxpayer or a tax advisor is necessary.

How is Liquidity Mining taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Liquidity Mining hasn’t been published yet. From our point of view, these rewards should be declared under Box 1.

How are Bounties taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Bounties hasn’t been published yet. From our point of view, Bounties should be declared under Box 1.

How are Masternodes taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Masternodes hasn’t been published yet. From our point of view, rewards from Masternodes should be declared under Box 1.

How are Hardforks taxed in the Netherlands?

An official statement from the Dutch tax administration regarding the taxation of Hardforks hasn’t been published yet. From our point of view, Hardforks are part of your amount of assets, savings & investments that have to be declared under Box 3.

How are NFTs taxed in the Netherlands?

In general, NFTs are assets that also have to be declared under Box 3. However, there is an exemption for works of art, which don’t have to be declared. If the underlying asset of the NFT is considered to be a work of art, should be reviewed by the taxpayer or a tax advisor.

Is there a tax on gifting or receiving crypto gifts in the Netherlands?

That depends on the value of the gift and the relationship between the gifting and the receiving person. The general exemption is 3.244€, and 6.604€ if it is between parents and their children, per year. Everything beyond this amount will be taxed.

A gift tax calculator can be found on the website of the Belastingdienst.

How can I optimize my crypto taxes with Blockpit?

There are basically two main advantages of using Blockpit to calculate your crypto taxes.

Choose your calculation method

Since a court judgment in 2021, there are two different methods for the calculation of box 3 relevant figures. Both methods for box 3 calculation are based on year-specific thresholds and tax rates. Also, both methods require distinguishing between savings and other assets in order to apply different fictitious returns to them. We strictly regard fiat assets as savings and digital assets as other assets. 

While the old method assumes a specific distribution of total assets depending on the overall asset value with a greater percentage allocated to other assets (investments) for greater asset values, the new method takes the actual distribution of assets into account. Based on the fictitious returns according to both methods and the given tax rate, the tax amount is calculated. 

The Blockpit report will show figures for both. This way, Blockpit makes it possible for you to choose the most favourable method, thus the method that leads to a lower tax result.

Don’t declare Staking and Lending rewards under Box 1

An official statement from the Dutch tax administration regarding the taxation of Staking rewards hasn’t been published yet. Some sources see it as income resulting in a Box 1 taxation.
We have decided to follow the interpretation in the favor of the taxpayer, not declaring it under Box 1. Rewards from Staking are part of your amount of assets, savings & investments that are declared under Box 3.

Disclaimer: This view depends on the individual case. Alternatively, Staking rewards can be declared under Box 1, as we show the income from staking in our report. Please ask your tax advisor.

Crypto tax Netherlands Deadlines

The Dutch tax year starts on January 1st and goes till December 31st. The tax season goes from March 1st until May 1st of the following year. During this time, you can declare your taxes in the online tax portal. Don’t miss the deadline!

How to File Your Taxes With Blockpit

As the leading crypto tax firm in the Netherlands, Blockpit provides a tailored tax calculator for Dutch investors. Our software automates tax reporting by importing transaction data from exchanges and wallets, calculating capital gains and losses instantly. It delivers real-time tax insights and determines Box 1 and Box 3 relevant amounts with ease.

For a detailed example, view our sample crypto tax report.