Tax Report for Dutch Residents

etoro doesn’t provide tax advice. Any data reported in the tax report is strictly for informational purposes only and it isn’t intended as a tax declaration or as a substitute for legal advice. We strongly advise you to verify the tax report with your tax advisor.

On this page, you will find information about tax reporting in the Netherlands. etoro clients living in the Netherlands can generate a tax report based on the previous financial year’s investment activity on the etoro platform, structured in accordance with local tax guidelines.

What should I be aware of when reporting tax in the Netherlands?

• The tax year is from 1 January to 31 December.
• All forms must be submitted electronically.
• The tax return must be completed before 1 May. If the taxpayer was not living in the Netherlands during the entire tax year, a later deadline (until July) is possible.
• The reporting currency is Euro (EUR).
• The reporting language is Dutch.

What does the Dutch tax authority consider taxable?

• Income: This includes wages, salaries, bonuses, freelance income, rental income, profits from business activities, pensions, and alimony.
• Savings and investments: The taxable basis is a fictitious profit issued by the government each year, and is applied to the total value of all assets held on 1 January of the tax year. The fictitious profit percentage varies according to the asset class (savings/ other investments).
• Wealth: Wealth taxation was officially abolished in the Netherlands in 2001. However, the taxable income from savings and investments is taxed like a wealth tax.
• Foreign Income and Assets: Dutch residents are typically taxed on their worldwide income and assets, so income earned abroad and foreign assets may also be subject to taxation.

The above list is not exhaustive.

How are capital gains calculated in the Netherlands?

Capital gains are not calculated in the Netherlands. Instead, the yield on holdings is assumed based on estimates of profit and interest from different types of wealth and assets. This assumed yield is applied to all types of investments regardless of the actual profit and loss.

Why are the capital gains between the etoro account statement and the etoro tax report different?

You may notice differences between your etoro account statement and your etoro tax report. The etoro account statement calculates a net capital gain or loss based on the specific positions that were opened and closed during that specific time period. However, the etoro tax report does not calculate a capital gain as it is not necessary for reporting taxes in the Netherlands.

What are the required tax forms and where can I download them?

• P form: For private individuals living in the Netherlands
• C form: For non-resident taxpayers living outside the Netherlands
• T form: For tax refund purposes
• M form: For the year of migration to the Netherlands (this form must be filed in paper format)

Tax forms are not available publicly. For more information, please visit the Dutch tax authority’s official website.