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/biz/ - Business & Finance

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21491042 No.21491042 [Reply] [Original]

>1/3 of your Link stack belongs to the government
how do I cope with this?

>> No.21491166

>>21491042
The government is helping you by forcing you to hold 33% longer

>> No.21491192

hold for a year

>> No.21491210

>>21491042
Are you supposed to announce Capital gains to these cunts before you've cashed out?

>> No.21491214

>>21491042
i live in a 0% tax country

>> No.21491250
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21491250

>>21491192
>hold for a year
>government still owns 1/3 of my Linkies

>> No.21491259
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21491259

>>21491042
But who was Portugal?

>> No.21491262

>>21491042
When I do cash out it will be to live in a non extradition country and uncle same can suck my mutilated catholic dick.

>> No.21491292
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21491292

>>21491214
>move to country with 0% crypto tax
>governmet owns my realized gains for the next 3 whole years
you just can't win

>> No.21491294

>>21491250
capital gains are 15% for investments older than a year

>> No.21491297

>>21491250
Not in Germany.

>> No.21491340

>>21491294
20% if your income (capital gains included) is over 440K

>> No.21491349
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21491349

>>21491294
>every country in the world has same tax laws

>> No.21491573

>>21491294
>>21491340
In addition to the 20% tax there is a state tax. It will cost you a third of your stack in california and 31% in ny

>> No.21491637

>>21491297
is crypto to crypto an taxable event in germany? also do I have to live in germany while I hold for a year, or can I just move there with my Linkies and they are sellable as soon as I gain tax residency?

>> No.21491775

>>21491637
also do you have to pay taxes to germany from your world wide income?

>> No.21491792

>>21491262
i just want my foreskin back, I’d give up all my link for my foreskin back.

>> No.21491837

>>21491042

if ur salary is under 40k, you pay 0% long term capital gains tax :)

:)

:)

>> No.21491862

>>21491340
Why wouldn't I just pull $400k in December and then hold the rest of my stack another couple month before pulling more in 2021

>> No.21491986

>>21491862
>misses out on insane bullrun gains in 2021 from $400k invested
>huurrr durrrr at least I saved 5% from the taxman!

>> No.21492029
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21492029

>>21491042
Never sell. They only collect taxes on your gains. Stake and live within your means.

>> No.21492192

>>21492029
they tax your staking too though

>> No.21492235

>>21492192
fucking KIKES

>> No.21492328

>>21492235
also they tax literally every transfer you make, it's not enough to pay tax when you buy something or cash out to fiat