Netherlands Proposes Tax on Unrealized Gains, Estimated Annual Loss of €2.3 Billion
- Tax Reform Proposal: A majority of Dutch lawmakers are backing a proposal to tax unrealized gains on stocks, bonds, and cryptocurrencies, which could result in an estimated annual revenue loss of €2.3 billion ($2.7 billion), reflecting the government's response to fiscal pressures.
- Legal Context: The proposal follows court rulings that invalidated the existing Box 3 asset tax system for relying on assumed rather than actual returns, compelling the government to seek new tax measures to address budget shortfalls.
- Political Support: Several parties, including the People's Party for Freedom and Democracy (VVD) and the Christian Democratic Appeal (CDA), are expected to support the bill, with many lawmakers acknowledging its flaws but deeming implementation necessary.
- Investor Backlash: The tax plan has sparked sharp criticism from investors and crypto advocates, with analysts warning that taxing unrealized gains could accelerate capital flight, prompting residents to leave the Netherlands and potentially destabilizing the economy.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE) As of , (STABLE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 5 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00242 | 0.00655 | 0.0148 | 0.0237 | 0.0319 | 0.0409 | 0.0491 |
| Fibonacci | 0.00655 | 0.0131 | 0.0172 | 0.0237 | 0.0303 | 0.0343 | 0.0409 |
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