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/biz/ - Business & Finance

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22508635 No.22508635 [Reply] [Original]

>tfw will have to report every trade I do with cryptos to the tax authorities
>will be taxed 30% on any profit I make
Are other countries like this or is it just my shithole? I will also have to report how I got my bitcoin and it's value at the time I got it, I got it from various sources and I don't remember that shit

>> No.22508671

>taxes exist

Yeah we know. Great thread

>> No.22508703

Only 22% in communist norway

>> No.22508854

Just you buddy, but don't worry at least you have the buy power, what's a 30% when you can wage one week and get it back? here in mexico there's no tax to crypto at all but I can live 4 days with the eth I lost every tax fee
>buy more lose more

>> No.22509059
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22509059

>>22508635
>move to switzerland/portugal for a few months
>get residence
>cash out tax free
>go back to your desired destination
ez

>> No.22509100

>>22508854
What a fucking retarded post.
>mexicants

>> No.22509149

>30%
It's closer to 40-50% for me in Taxachusetts if we're talking any real amount of money on top of my regular job.
Fortunately I only have capital losses this year, so fuck the feds

>> No.22509341
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22509341

Take the Patrick Star approach