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20039062 No.20039062 [Reply] [Original]

Newfag here. So how do you avoid/reduce taxes when cashing out? Surely there are some tricks to it

>> No.20039080
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20039080

>>20039062
Just dont file your taxes

>> No.20039082
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20039082

>>20039062
No one here is going to give you a straight answer, I’ve been asking for years. When the day I have to cash out finally comes I’m fucked

>> No.20039097
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20039097

>>20039082
Yea I guess im stuck with crypto forever now...

>> No.20039099

>>20039082
Well I dont want the feds to fix it, theyre already jewing it up with regulations and forced kyc etc

>> No.20039129

>>20039062
I guess you don't like schools, roads and society then you fucking dipsit. If you can't pay up then go live in god damned Somalia.

>> No.20039138

>>20039062
Buy Monero -> First Wallet -> Second Wallet -> Do what the fuck you want
Just say you lost the keys to the first wallet and they won't be able to do shit.

>> No.20039150
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20039150

>>20039129
If you really cared about those things youd have a bigger problem with all the money going to shitskins. Thats whats really holding back our society. Refusing to pay taxes is the proper way to peacefully protest this white slavery system.

>> No.20039172

Send it from an address you own to another you own, then tell them a fren here gifted it to you and so as long as it is low enough you pay no tax. Then tell the tax authority that "somebody from my autism support group gave me money because they saw the state of my life and felt bad".

>> No.20039193

>>20039150
>racist cockamaneny bullshit
yep. expected as much

>> No.20039197

>>20039129
So you want me to pay 37-40% to the somalis or what. Because as things are right now there sure as hell is no money going into schools and roads where I'm at.

>> No.20039227
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20039227

>>20039138
Moving your assets between wallets is one thing but OP is specifically asking for advice on how to cash out. To the best of my knowledge the safest way to swap crypto for USD (or euros or yen or rupees...) is through a reputable exchange. And a reputable exchange is of course going to comply with KYC. So now you’re back to square one

>> No.20039297

>>20039129
>schools
government shouldn't be in the business of providing education, leave it to the free market
>roads
private sector owns the roads, uses tolls to make a profit and maintain roads with said tolls. why should I pay for roads I'll never drive on?
>society
government doesn't create society, the people do. in the 1700s and 1800s taxes were virtually nonexistent other than on consumption
you've been brainwashed

>> No.20039312

>>20039150
is this meme true?

>> No.20039329

>>20039062
buy electronics with bitpay and sell them for cash.

>> No.20039334

>>20039193
seethe nigger lover, if only they bought LINK.....

>> No.20039358
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20039358

>>20039193
>racist cockamaneny bullshit
>yep. expected as much

>> No.20039368
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20039368

Buy physical gold using crypto, sell gold for cash

>> No.20039390

>>20039062
depends. what are you cashing out to buy?

>> No.20039418

>>20039062
talk to a fucking accountant because every time someone makes one of these threads they don't even mention what fucking country they're in

>> No.20039487

>>20039418
>please help me avoid paying my taxes rabbi!
what could go wronng?

>> No.20039519

>>20039062
Move to Portugal and renounce US citizenship

>> No.20039535

>>20039368
BASED. Never thought of this

>> No.20039567
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20039567

>>20039129
>he thinks taxes pay for those things
Taxes dont pay for shit, idiot.

>> No.20039629

>>20039535
Not even joking. There's a lot of sellers now that accept crypto

>> No.20039634

Financial holding company in (insert tax haven here)

>> No.20039803

>>20039567
yes they do, they pay for our interest payments to the federal reserve so congress can loan out new money each year when setting the new budget.

>congress wants x amount for budget
>fed says interest payment will be y
>congress says okay its not my money lul and takes it
>taxpayers, being the collateral, on hook for even more money for shit that never gets to them

>> No.20039824

>>20039803
shit troll