/biz/ - Business & Finance

>>14818119
Capital gains are not of my concern yet, or at least it's different from let's say the USA. I live in The Netherlands, I pay capital gains anyways over my total liquid capital (doesn't matter in which crypto or stock), but only on the value of the 31st of December.
Let's say I have 100k€ in liquid assets on the 31st of December. I will then have to pay
(None taxes for the first 25k)
1.935% over the 25,000~71,650 range = 902.68€
4.451% over the remaining 28,350 = 1,261.86€
= Total of €2,164.54 in tax over the year of 2019.

Only when I reach €989,737, I have to pay 5.60% over any liquid asset I own above that amount.

Either way, the capital tax is pretty comfy over here for when you're heavily invested in something. It is reasonable to me.

On the other hand, the salary taxes here are fucking absurd. But I won't care :^)

By the way, this capital tax only works like this if you have a job besides your investment or if you don't trade in it (but I'm not sure the exact details of that)
When you are a full time trader, you will have to pay somewhat similar taxes to salary taxes as far as I know, but I'm not so sure. At least it doesn't apply to me, so I don't really care.