The Netherlands has approved legislation implementing EU rules on crypto-asset reporting and tax transparency, requiring digital currency providers to report client data from 1 January 2026 onwards, with penalties reaching EUR 1.03 million for non-compliance.
The Netherlands Senate (upper house of the parliament) has adopted a bill on the implementation of the rules of the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) on crypto-asset reporting, which was published on 31 March 2026.
This development follows the publishing of Letter No. 2026-0000019577 by the Dutch State Secretary for Finance on the Ministry of Finance’s website on 28 January 2026, urging the upper house of parliament to swiftly approve the bill for implementing DAC8.
The bill introduces new rules for the reporting and exchange of tax-related data on electronic money and cryptocurrency assets, with retroactive effect from 1 January 2026. The bill also introduces measures to implement the OECD’s Crypto-Asset Reporting Framework (CARF) for reporting on non-EU residents, aiming to enhance transparency in the digital and cross-border economy where crypto-assets are increasingly significant, and to strengthen efforts against tax evasion and avoidance involving crypto-assets.
Crypto-asset providers and transaction intermediaries are required to collect and submit client information to the Tax Administration by 31 January of the year following the reporting period, with 2026 data due by 31 January 2027. This information will be shared with other EU Member States within nine months after the close of the relevant calendar year.
The bill also mandates the exchange of information on cross-border rulings for high-value transactions over EUR 1.5 million and residency rulings, with penalties of up to EUR 1.03 million for late, incorrect, or incomplete reporting.
