/biz/ - Business & Finance

10% is better than what we get taxed in the USA, gypsy.

>>21128284
I totally do pay my crypto taxes in Poland, really mr taxman, I do!

I'm from Latvia Fren.

I have not even checked our crypto tax laws but i'm not paying it.

I'm 99% sure they wont check / give a shit / bother to find me

No wonder your countries are run down, all of you are tax evaders.

>>21128317
34% in nordic, lol im moving to poortugal. Fuck this socialcommie shithole

>>21128356
cuck detected

>>21128335
Dude you don't know VID(not the crypto)? they will try to rip you a new one if you cash out.

What about Slovakia? Do we have to pay taxes on Crypto? Let me know... I want to cash out next year.

>>21128356
NEET detected

>>21128356
>pays his taxes like a good cuck
>still needs to pay for his own healthcare and education
is the american way the ultimate cuckoldry?

>>21128384
>>21128405
Pay your debts, slavs.
You'll never beat Russia if you're all cheating your own system.

>>21128401
yea, its around 45percent afaik, health and social insurance included. Also every crypto to crypto transaction is taxable event.

Fuck this piec of shit shithole

Czechia has 15% capital gains tax, ONLY

>>21128431
You don't even know the beginning of the cuckoldry. If I move to a country, the USA still wants taxes on the money I earn worldwide.

>>21128284
X shitcoin -> XMR -> BTC -> Local Bitcoins -> FIAT. Wait 2 weeks. -> Buy DIA -> Wait 2 years -> RICH

>>21128467
45 percent LMAO. Slovakia is the cuck championship winner.

Never paid taxes on crypto and its my main income since 2013. Orban doesnt care

>>21128500
what?! 2 YEARS!? I DON'T HAVE 2 YEARS, I WANNA BE RICH NEXT WEEK SIR!

>>21128521
It really is and the country is a complete clusterfuck. I was living abroad and moved back in for two years I completely regret that decision.

>>21128545
I don't know why you all split from czechia considering the only people in the world who care about the differences between your two countries are the two of you, now you're just weaker apart.

>>21128586
Unironically because corrupted ex-commies wanted each their own playground to drain money from.
Also its good that we did at least we are not slowing down czechs now.

>>21128531
hogy cashoutolsz pontosan, meg mennyit? ingatlant vettel mar? bank nem jelent a navnak? jo lenne egy tapasztalt magyarbro mert akarmikor megnezem a szabalyokat minden ketertelmu es eldonthetetlen, pls help

>>21128467
Same as Australia then so I wont have to travel... fuck was hoping the dual citizenship was gonna do me a good one here.

>>21128284
If you have some ahem "connections" you can cash out in cash with 5% bonus

In Sweden it's fucking 30%...

>tfw no capital gains tax on crypto
>tfw no transaction is a taxable event
>tfw dividends untaxed below 1000€
it feels good to be in 1st world country

>>21128869
where, portugal?

>>21128961
slovenska republika v2 brat

bump

Germany doesnt tax crypto

>>21128335
Man my dad is self employed in Latvia and taxman froze his tax account cuz he fucked up with smaller amounts. Your country is a shit hole and the only source of income for the government is to squaze more taxes and speeding tickets so be careful man

I'm from Finland, 34% tax on my gains. Not paying shit, I will use the Crypto to buy things directly when the time comes. Flights, hotels, silver bars, gold bars.. Etc. Its a revolutionary opportunity

>>21129544
*Bank account

>>21128467
>>21128521
>>21129021
HAHA 45%? link me law, where is it?
imagine these old ladies on at ďanový úrad looking at etherscan
OH NONONONON
Imagine I´m paying . Gipsies got the rope

>mfw slovenian

>>21128356
We pay vat on everything, it's 23% in Poland.
I think that's more than enough.

>>21128284
In Poland it's not bad honestly.
19% on income but only fiat exchanges are tax events. Which means you can do anything you want, including stablecoins and it's all fine.
Definitely one of the best crypto tax laws in the world.
Sure Germany is better with their tax free treatment, but then most of the world taxes crypto to crypto which is a clusterfuck. I can't even imagine trying to calculate all small exchanges and airdrops everywhere.

>>21128284
Small fish can get away with not paying.
In Bulgaria, every bank transfer >5000 eur is reported to the NRA.
So at least it's a small-ish tax compared to the west, but you're better off paying it.

>>21129509
Only for hodlers.
Those who fail to keep their crypto in.1 place without moving get completely taxraped.

>>21129691
>19% on income but only fiat exchanges are tax events. Which means you can do anything you want, including stablecoins and it's all fine.
Same in Bulgaria, except 10%. Buy some gold from purse.io when you diversify (instead of using banks) and you can drop it to 5%

>>21128335
20% tax.
just use revolut and cash out there.

I'm in Estonia. Afaik the capital gains tax or whatever it's called when you buy and sell stocks is around 20%. That includes crypto. However for dividends it's like about 10% I think. Since we have no taxes on company's revenue(meaning only the divs to the shareholders are taxed), I think I might be able to setup some meme company, transfer my LINK to the company name and then I could buy property without paying tax and maybe buy a company car without paying tax. Idk I have to do more research, but I think it works this way.

The issue only becomes real when you cash out the value of that. If you cash out $1000 then no one is going to come after you. But if one day you cash out $1M+ the bank and tax authorities are going to see this, and if you’ve not previously declared this a big fucking red flag is going to go off. Be smart.

Anyone from Lithuania here? How are the tax laws in Lithuania?

>>21128500
>Local Bitcoins
Only if you do face to face otherwise Local Bitcoins since 2018 wants your personal information.

>>21129597
Financna sprava is pretty automatized now faggot
Its not old ladies you should be worried about its bank that reports your over 10k income
https://podpora.financnasprava.sk/618784-Zdaňovanie-kryptomien
https://www.podnikajte.sk/dan-z-prijmov/zdanovanie-bitcoinov-kryptomien-1-10-2018

>>21128482
Jesus anon wth?

>>21129509
>>21129741
You get taxed your steaking revenue like a normal wage slave job up to 42%...

>>21128617
nav detected

>>21129834
thanks anon for links.
whats stopping me from convert all my gains to stable coin and withdraw 300€/month to my bank or make a bank account in Swiss or Caymans?

>>21130033
your tax residency would still be in sk

>>21128531
>>21128617

avassatok be sracok, kerestem 35 millio ftot az elmult honapban

ingatlan soon

fucking deluded incels thinking eastern european governments won't see that you cashed out money made with cryptos lol

they just need a 1,000 euros software to prove it

t. BVLLGARIAN

nice sell signal too, with the threads about "make it houses" and "make it cars"

>>21130118
this basically
last time I saw a thread like this was in january 2018

>>21130078
mi a faszommal kerestel 35 milliot

Poland is not eastern Europe!

>>21130176
LMAO DELUDED POLACK

>>21130044
You are right.
I was selling drugs when I was young.
Every 3 weeks I brought 400-500€ personally to my bank.
They don´t fucking care, if it´s not more than10k. Do you think I was paying taxes?
You overestimate our government.
I´m working for government. If you only knew how dysfuctional things really are, you would move out immediatelly.

>>21130165
it's january 2018 all over youtube, twitter and reddit.

we are not even at 13K

20K is an utopia at this point

2K EOY

>>21130205
they have softwares to do this job now, it's not 1999 anymore.

and you are talking about lunch money

>>21130193

We are western, we are western!

>>21128284
romanian here as well
just bough some linkies, btc and eth. where did you read about the "crypto tax"?

>>21128521
>>21128467
>>21129597
Wtf... I thought it was 19%. It takes these niggers more than 30 years to build a highway and they don't even know what to do with the money from the EU, and they then have the guts to steal 42% of your gains that will do jack shit.
Why am I here again?

>>21130239
Finančná správa dont have software to track my wallet and if I withdraw 600€ from stablecoin a month + my wage I´ll have comfy life in SK and they won´t do a shit.

BVLLGARIA:

5% on dividends
10% flat tax

>>21130352
Wow 600 EUR per month? We have a big baller here.

And for sure the softwares of your bank won't see anything, such a hacker bro.

>>21130205
>I´m working for government. If you only knew how dysfuctional things really are, you would move out immediatelly.
Neger I come back here due to lucrative highly specialized job high in state hierarchy which brought me some sweet experiences, you don't have to tell me how incompetent everyone is. But as saying goes, even broken clock is right two times a day and I now how financna sprava works and how debt on social and health insurance can back at you.
Coronachan only confirmed my distaste for this piece of shit nation with shallow backstabbing mongrels everywhere and I am leaving by january. For good now

>>21130336
because you are retarded

>>21130352
you are an idiot with superiority complex just like everyone here and its gonna get back at you but you do you. Why do u even have the need to write this here if not only for us to conform you that you shouldn't worry.

>>21128284
esti prost rau, o sa te prinda aca nu ai grija sa te ascunzi

>>21128467ruskie detected
Czech Republic, retard

>>21130246
I knew about it since 2018

>>21130463
>>21130508
nu ii ajunge statului astuia infect cati bani fura din buzunarele oamenilor? taxa asta e praf în ochi pe langa celelalte. in plus romania are probleme mai mari decât astea

>>21130376
heh, ok Jano
>>21130395
>>21130457
I´m just telling you that you are living in some utopia where sk government is tracking all your steps. It´s not happening.
Good luck with your decision to leave.

So as a newfag why don't governments do the taxes for you if they are capable of reading how much you've gained and where from? All they do is just look into your bank account when you put in over 10k euros in it. Why don't they tax you when they see "10,000 received from Localbitcoins, Kraken, Coinbase, etc." should I try to cash out 10k to see if they'll send me a letter? or they hope I forget about it and they'll try to jail me and take the cash?

Non-automatic taxes sounds handicapped to me, because I was never an American who pays for someone to do his taxes every year. So this is alien to me. I've been a NEET most of my life.

>>21130508
also, cum dracu? cica au inclus-o in codul fiscal din 2020. in 2018 se foiau sa adopte rahatul asta de taxa sau cum?

>>21130209

>>21130242
At best we are central.
>We are western, we are western!
Why do you want to be a westoid? They are degenerate fags.
Głosujesz za lewicą, pedału?

>>21130597
>I´m just telling you that you are living in some utopia where sk government is tracking all your steps. It´s not happening.
Bank sees suspicious activity (like monthly deposits, big deposits etc)
Bank is obliged to report to financna sprava
Financna sprava waits for your tax return
It doesn't fit
There you have, they are on to u, this is textbook method how it works with biele kone, drug dealers, DPHckari. They go for small fishes especially because its easy and they can report on it. Which does not necessary means you will get busted but Iyou can't bet your chances on it. But hey, go ahead and don't report.

>>21130656
Cica era deja din 2018, dar au tot adaugat la ea, cica hai sa nu taxam decat cand cumpara si vinde bitcoin, ethereum, ripple, dar apoi hai sa taxam si restul monedelor ca americanii, dar apoi stai ca cica numai exchange-urile romanesti sunt capabile sa dea raportul inapoi la guvern si tot asa.
https://tradesilvania.com/blog/in-2020-romanii-care-au-avut-venituri-din-tranzactiile-crypto-vor-plati-impozit-si-chiar-cass/

O imbalmaseala de toate frumusetea.

Our retarded government even copied the "Any gains under 50 euro and any gains not over 600 euro in a year are not taken into consideration".

>>21130597
That's called a dystopia, Anon.

>>21128284
am scos bani din crypto direct in contul din banca de 4 ani de zile.Am conturi pe numele parintilor si bunicilor ca sa pot scoate mai mult.
Nu mi-a zis nimeni nimic nu avem nicio datorie la taxe si impozite (am verificat).
Ai grija sa scoti de fiecare data sub 5000 euro ca sa nu iti raporteze tranzactia.
La cat de fututa e tara asta de banii pe care ii scoti tu ii doare fix in pula.Stai sub cota de 5000 de euro/transfer si pula taxe.

>>21130748
I won´t make a big deposit or withdraws so worst case is: I won´t report my crypto taxes, they raise a question, I wil be ´´oh, really, I didn´t know´´ and make correcting tax report. Kiska style. Half of SZČO trying to evade taxes this way.
>>21130959
thanks orwell

>>21128284
Still, maybe someone here has a lot more experience than others and could tell us the reality.

I heard jokes around that somebody from Hungary wanted to report his gains and they looked at him like he was crazy and told him to get lost. Then again he wanted to report a crappy 3000 euros.

>>21130979
well If you are talking about couple of hundreds I guess you would be okay. I thought you were talking tens of thousands euros

>>21130979
you think like a 13 y/o autist kid

Paying taxes on crypto in Romania lel, those idiot tax agencies can't even add my car properly on their website, I'm begging them to fix the problem so I can pay my taxes. I not paying shit on crypto, in Germany if you hold more than 1 year it's tax free, if they try to tax me any differently I'll sue them at the EU Commission court. Will prob cash out in a stable coin or gold bars anyways so gl taxing that.

>>21131058
this lowIQ thinking is why EE is such a mess

>>21131054
this

>>21131058
you won't do shit Micha

>>21131044
kek, i´m not stupid enough to withdraw all my gains at once.
>>21131054
´cause I´m 13yo autist kid, thanks for (you).

>>21131113
it's now 100% sure /biz/ is a low IQ board and I have no time to lose here anymore, have a good day.

>>21131113
Why would I pay 20% taxes after purchasing crypto with my salary which is taxed at 50% and after paying 20% VAT on every fucking good/service that I use? Not to mention alcohol/cigarettes/gas/car/home taxes, when are they adding the O2 tax?

>>21130176
It is. Idk why Estonia is on here tho

>>21130118
>>21131146
>Ask genuine question about how it is:
>All the angry Reddit American and Australian Fortnite kids pour in pretending they know jackshit about our countries.

>Eastern Europe
>Technology
>Software
You need to go all the way to the place where you first bought your house to pay annual tax on it. You need to drive in the center of the town, wait 3 weeks, go back, just to have your documents updated. You need to wait 2 weeks to have your ID card renewed.
And you're here pretending we have technology? when we don't even have roads.

We still have computers from 95-98, but even those are there as pot plant decorations.

>>21131268
type "fatca crs" on google

>>21131268
0 infrastructure but we're getting free cash from the EU that the gov are using to fund their own companies which they in turn use to get gov contracts where they overcharge themselves to get the free EU money, EE is full of lambos bought with EU money by state officials for their autistic kids, but we're the bad guys for not paying 20% crypto taxes xD

>>21130961

>Ai grija sa scoti de fiecare data sub 5000 euro ca sa nu iti raporteze tranzactia.
>La cat de fututa e tara asta de banii pe care ii scoti tu ii doare fix in pula.Stai sub cota de 5000 de euro/transfer si pula taxe.

Si daca ajung sa am cateva sute de mii de euro in cont sau poate chiar milioane din tranzactii de 5000 de eur acumulate ce se intampla? Pot sa ma bucur de banii aia fara sa stau uitandu-ma pe geam toata viata dupa de frica ca intr-o buna zi o sa ma prinda? Ajung macar pana acolo sau iti raporteaza direct contul daca trece de o anumita suma? Nu-mi pare deloc realistica solutia asta, imi imaginez ca e fizic posibil in Romania asa ceva cu incompetenta dovedita de functionarii publici dar te joci cu focul.

Nu critic, doar incerc sa imi dau seama cum stau treburile. Daca aveti mai multe informatii dati reply.

>>21128284
I live in Belarus and there is no tax on crypto at all. But it's probably too hard to prove to our retarded tax department that you really got this profits from crypto and nothing else. Most of the people here use Localbitcoins anyway, and don't fuck with banks

Alright so I can cash out under 5000 euros in my bank accounts through KYC exchanges like Kraken or the trash that is localbitcoins (I've already bought 1500 euros worth of BTC and cashed out 3000 euros in and out for 3 years now so I was wondering why isn't anyone telling me anything, neither the bank nor the government).
I suppose Patreon and Kickstarter+Indiegogo aren't yet extra taxed by my government, not even by the american government.

Localbitcoin traders try to make you sell your bitcoins for 10% less than they're worth so they can make a profit trading the difference.

I can use Dai, crypto backed by gold(excellent during the bear market), Doge, Monero, (yes Doge is a privacy coin) (they all have some good liquidity unless you're cashing out 100 million dollars at once)
https://cryptobriefing.com/top-5-gold-backed-cryptocurrency-tokens/
If I want to try to keep my 10%, would still have to cash out small sums.

Or I can go to https://grayscale.co to cash out anything above 300k and make things official. I don't have any other official incomes so I won't pay health insurance tax.
Even if I do I can use the other family members accounts who are 18 but still in college or just not employed if I want to avoid that tiny bit of extra tax.

>>21131739
I thought about opening a company in Belarus to cash out, would that be complicated?

you guys should come to germany

if you hold 1 year between buying and selling coins you pay 0% (although it goes up to 10 years holding period if u stake/lend/do similiar stuff with your coins so if u wanna do that you should look for another country)

Less cross fingers and consider that sooner than later we won't need to "cash out".
Once the gov issued fiat pseudo-cryptos are out, and the bridges between those and stables get blurred, it will be easier to avoid taxation, and I would expect taxation to be more relaxed for this very reason. Still years of waiting tho.

>>21130357
based bvlls

How do you retards not know your own tax laws?

>>21132145
Because the government doesn't know their own fucking laws. They're made to be as subjective as possible so your lawyers have what to work with so they can get you out of anything.

>>21131884
i don't actually know. But I think there is no crypto tax in Portugal and Slovenia as well. And it's probably easier to open a company there

I'm curious about those european funds. Eastern Europe doesn't offer you even a measly 10k to fund your shitty book, meanwhile America offers from 300k and beyond.

>>21131592
in momentul in care ai sa fii milionar sau măcar decimilionar cred ca si sa iei in considerare posibilitatea de a parasi shithole-ul romanesc

would you disgusting fags consider blabbing in english instead of gipsy, magyar, polish, mamaliga & whatever? i don't read fake languages well and we're supposed to be exchanging info here, so..

>>21131249
Estonia is ex soviet state and will always be eastern europe.

>>21132554

Nu multumesc, cu toate problemele care le are tara asta prefer sa raman aici. Am fost 7 ani expat si mi-a ajuns. Pe cat de frumos este sa traiesti intr-un stat functional fara mizerii de birocratii, coruptie, gropi, sictir general si alte feluri de probleme tipice blocului de est, prefer sa stiu ca sunt inconjurat de oameni albi cand ies din casa, ca n-o sa-mi bata politia la usa pentru ca am scris ceva controversat pe facebook, ca nu-mi trimit copii la scoala ca sa fie indoctrinati cu marxism cultural de mici de drag queens si alti degenerati. Cons outweigh the pros, si toate pro-urile care exista in tarile vestice sunt datorita generatiilor anterioare oricum, nu celor de azi. Pe langa asta, iti trebuie 20% or less din capitalul de care are nevoie un vestic ca sa-ti construiesti o bula frumoasa aici in Romania, o bula care o sa te scape de multe batai de cap care le ai ca om de rand.

>>21128390
>>>21128317
P OMEGALUL RTUGAL

>>21132914
come in Sofia we will break your teeth and explode your skull

americanski pederast

>>21133518
гoвopeх нa pyмънцитe бe, цигaнин / where did you see me saying anything about the best language ever bro?
point is, we are trying to help each-other, no? so what's the point writing something that 90% of us don't understand?

>>21133518
>>21133799
kek

>>21129811
Yra ir lietuvių :) Kas domina?

>>21130209
Perfect, post your 100x short then, brainlet.
You make more money shorting anyway.

>>21134240
Tax on crypto

>>21128284
As a fellow Romanian you must be objectively retarded to risk everything for a 10% tax, you fucking brainlet. The government always wins in the end.