Well its only on the gains. So assume your asset goes up 10% per year, in effect this reduces it to approx 6.4%

But yes, it is insane. Its massively reducing your gains thereby completely distorting the risk/reward profile.

freetx

Year on year 36%. So if you hold an asset for 5 years the compounding loss gives you roughly around 10%.

Is that math wrong? Who would hold any asset if this were the rule?

Politics_And_Law

econ

Stacker_Stocks

Dutch House passes 36% tax on unrealized crypto and investment gains

This is insane!

Year on year 36%. So if you hold an asset for 5 years the compounding loss gives you roughly around 10%. 

Is that math wrong? Who would hold any asset if this were the rule?