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Netherlands Proposes Crypto Tax Compliance To Align With EU Standards

  • The Netherlands is proposing tax monitoring rules on cryptocurrencies to align with EU standards.
  • The government aims to pass a new policy that requires crypto service providers to gather and share user data with the Dutch taxation agency.
  • The proposed legislation aims to combat tax avoidance and evasion and improve cooperation among EU members.
  • The public has been invited to provide feedback on the proposed tax monitoring law until November 21.

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