Crypto providers will be obliged to store user data and share it with the tax authorities, from 1 January 2026. Peter Kavelaars, Professor of Economics of Taxation at Erasmus School of Economics, discusses this on BNR Nieuwsradio.
Previously, there was virtually no control over crypto assets. Crypto assets are largely invisible, and the only way for the tax authorities to check them was through users' own tax returns. This made it relatively easy to evade tax in this way.
As of 1 January 2026, crypto providers will be required to report the cryptos they manage to the Tax Administration. This is a complicated process, because the information is first reported to the tax authorities of the country concerned and then forwarded to the user's country of residence. Kavelaars therefore suspects that the information will not be available to the Tax Administration until mid-2027.
Transfer of assets
The EU directive poses a problem in that it only applies to managers within the EU. Managers outside the EU are therefore not obliged to provide information, which raises the question of whether assets will be transferred to countries outside the EU. Kavelaars suspects that a lot of assets are probably already outside the EU. Nevertheless, he believes there is a good chance that this will increase in the coming years. Gradually, treaties are also being concluded with countries outside the EU to promote cooperation, so that crypto providers in those countries will also be subject to information obligations.
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You can listen to the full podcast of BNR Nieuwsradio, 16 December 2025, here.
