From 1 Jan 2026, Belgium introduces a flat 10% capital gains tax on stocks, bonds, and crypto.
But there’s a crucial twist 👇
⏳ The Grandfathering Clause (No Panic Selling)
All gains earned before 1 Jan 2026 are TAX-FREE.
📌 Assets bought before this date will have their cost basis reset to the price on 31 Dec 2025.
Example:
• Bought BTC at $20,000
• BTC at $100,000 on 31 Dec 2025
➡️ That $80,000 gain = tax-free forever
➡️ Only gains after 1 Jan 2026 face the 10% levy
No forced selling. No rushed exits.
🦴 The “Small Investor” Bone
• First €10,000 of realized gains per year = tax-free
Good for casual holders.
Meaningless for serious capital.
💬 For whales, the message is clear: the free ride is over.
🌍 The Macro Why
This isn’t policy — it’s liquidity extraction.
• Belgium has the 4th-highest debt-to-GDP ratio in the EU
• Deficits are widening
• Refinancing risk is rising
🎯 Target: €500M annually from this tax
Belgium is simply aligning with the broader EU fiscal tightening trend.
🧠 Bottom Line
In a high-debt world, no liquidity pool is sacred — not even crypto.
Plan accordingly.
Time, not panic, is the edge. ⏱️📊
